Skip to content
September 28, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • Business & Economy
  • IPMAN wants enforcement of approved petroleum products price on private depot owners
  • Business & Economy

IPMAN wants enforcement of approved petroleum products price on private depot owners

Admin June 22, 2022

June 22, 2022

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to mandate private depot owners to sell petroleum products at approved government prices.

This is contained in a statement by the IPMAN Chairman, Kano Chapter, Alhaji Bashir Danmalam, on Tuesday in Kano.

He said the call was necessary to check flagrant and indiscriminate increase of the ex-depot price.
Danmalam said unless the NMDPRA ensured private depot owners sell the product at the approved price, they would continue to dispense the product to marketers at higher price.

He also commended the Federal Government for the recent upward review of petroleum products transporters freight rate.

According to Danmalam, the gesture would assist in checking the challenges associated with the transportation of petroleum products across the country.
He also refuted claim that about N1 billion was paid to Pipelines and Product Marketing Company (PPMC).

“I challenge all those making such claims to bring out relevant receipts for the payment of such money to enable the union to take up the matter.

“In February 2021, during COVID-19 pandemic, NNPC introduced ‘customer express’ whereby payments for purchase of petroleum products are done online.

“And the NNPC then set up a committee which ensured that all those with tickets paid manually, were given the product.

“I was a member of that committee which supervised the supply of the product to those marketers who paid manually before the introduction of customer express.

“So, to my knowledge, the only products not delivered by the NNPC is on the recent payments made.

“NNPC has since stopped collecting money from marketers, except through the customer express when it’s sure of having the products in any depot across the country,” Danmalam said.(NAN)

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Alhaji Bashir DanMalam IPMAN NMDPRA NNPC

Post navigation

Previous Okowa’s wife commissions 23rd Sickle Cell clinic, counsels intending couples
Next LASG Set To Crush 250 Commercial, Power Bikes

Related Stories

FG Approves Major Upgrade for Onne, Delta, Calabar, and Rivers Ports
  • Business & Economy
  • National News

FG Approves Major Upgrade for Onne, Delta, Calabar, and Rivers Ports

September 27, 2026
ICT Journalists honour Ernest Ndukwe with Lifetime Achievement Award
  • Business & Economy

ICT Journalists honour Ernest Ndukwe with Lifetime Achievement Award

September 26, 2026
NNPC Ltd Welcomes $800m Ima Gas Final Investment Decision
  • Business & Economy

NNPC Ltd Welcomes $800m Ima Gas Final Investment Decision

September 25, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Troops Neutralise Terrorist, Rescue Six Kidnap Victims in Sokoto, Zamfara Raids Troops
  • National News

Troops Neutralise Terrorist, Rescue Six Kidnap Victims in Sokoto, Zamfara Raids

September 27, 2026
FG Targets 10m Certified Workers, 1m Export Jobs by 2030 in Major Skills Reform
  • National News

FG Targets 10m Certified Workers, 1m Export Jobs by 2030 in Major Skills Reform

September 27, 2026
Where is Nigeria’s President Bola Tinubu? Peter Obi demands answer
  • National News

Where is Nigeria’s President Bola Tinubu? Peter Obi demands answer

September 27, 2026
Ogun indigenes in Enugu host PDP deputy guber candidate, Sowunmi-Kolapo, vow to vote out APC
  • Politics

Ogun indigenes in Enugu host PDP deputy guber candidate, Sowunmi-Kolapo, vow to vote out APC

September 27, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.