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Fuel Scarcity Looms As Marketers Disrupt Fuel Loading - Politics - Nairaland

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IPMAN Kicks Over N42 Billion Debt, Threatens To Disrupt Fuel Supply / Fuel Price Hike Looms Nationwide As Marketers Meet / Fuel Scarcity Looms As NUPENG Hints Sit-at-home Order From Friday (2) (3) (4)

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Fuel Scarcity Looms As Marketers Disrupt Fuel Loading by adenigga(m): 4:49am On Feb 11
Members of the Independent Petroleum Marketers Association of Nigeria on Wednesday disrupted loading of petroleum products at private depots in Apapa as well as Ibadan, Ejigbo and Mosimi depots belonging to the Nigerian National Petroleum Corporation.

Our correspondent learnt that the marketers picketed the facilities to protest their inability to get products due to a new payment method introduced by the Petroleum Products Marketing Company, a subsidiary of the NNPC.

The Chairman, IPMAN, Ore Depot, Mr Shina Amoo, confirmed the development in an interview with our correspondent in Ibadan on Wednesday.

He said the members of the association blocked the depots with tankers to protest the new payment method.

Amoo said independent marketers were angry because the new payment method, called ‘PPMC Customer Express’, was foisted on them suddenly and the NNPC expected compliance immediately without considering the business interests of many members of the association.

He explained that with the new arrangement, major marketers and very few independent marketers with huge funds could pay for 200 trucks and load them while those who had paid for one or two trucks would be on queue for many months unattended to.

He said, “They must return to the old way of payment, which is also an online payment through Remita. IPMAN members held a meeting last night and decided to block loading depots in Ibadan, Ejigbo, Mosimi and private depots in Apapa.

“IPMAN members blocked the depots this morning with their trucks to protest the new payment method.”

According to Amoo, the picketing will continue until the PPMC reverts to the previous payment method.

He said, “The new payment requires various prerequisite documents like renewal of bulk purchase, renewal of licence and several other documents that are not readily available.

“Within few days of this new payment method, some northern big marketers have used the situation to shortchange independent marketers in the South-West. With this, fuel scarcity is imminent.

“PPMC Customer Express mode of payment was introduced without consideration for billions of naira worth of tickets which IPMAN members already tied down in NNPC system.”

Amoo said the new payment method was introduced by the PPMC on February 4, adding that since then, no independent marketer had been able to load.

The NNPC, which has been the sole importer of petrol into the country in recent years, is still being relied upon by marketers for the supply of the product despite the deregulation of the downstream petroleum sector.

Private oil marketing companies have continued to lament that their inability to access foreign exchange at the official rates has hampered efforts to resume petrol importation.
https://m.punchng.com/Business/Fuel-scarcity-looms-as-marketers-disrupt-fuel-loading

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Re: Fuel Scarcity Looms As Marketers Disrupt Fuel Loading by valentineuwakwe(m): 4:53am On Feb 11
Even in this tough post covid 19 era, the govt is thinking about making petrol price N200 ....

Nigeria is lost gone!

32 Likes

Re: Fuel Scarcity Looms As Marketers Disrupt Fuel Loading by Macphenson: 5:03am On Feb 11
Okoo
Re: Fuel Scarcity Looms As Marketers Disrupt Fuel Loading by gambia(m): 5:18am On Feb 11
Nothing surprises me in the country anymore.

12 Likes 2 Shares

Re: Fuel Scarcity Looms As Marketers Disrupt Fuel Loading by Itoro350(f): 5:31am On Feb 11
MAY GOD BLESS OUR LEADERS
Re: Fuel Scarcity Looms As Marketers Disrupt Fuel Loading by malikombi(m): 6:26am On Feb 11
Finished
Re: Fuel Scarcity Looms As Marketers Disrupt Fuel Loading by carbony4red(m): 6:44am On Feb 11
Wọn ti dé ooooooo
Re: Fuel Scarcity Looms As Marketers Disrupt Fuel Loading by Nobody: 6:44am On Feb 11
Hehehe
Re: Fuel Scarcity Looms As Marketers Disrupt Fuel Loading by pickatyouu: 6:45am On Feb 11
Nigeria have always been a looming country.
Nothing is new it just comes in another harder form.

10 Likes 1 Share

Re: Fuel Scarcity Looms As Marketers Disrupt Fuel Loading by KvngEric: 6:45am On Feb 11
This is Nigeria!

BTW

Who wants iPhone 7 plus 32gb for 100k, check my profile for details cool
Re: Fuel Scarcity Looms As Marketers Disrupt Fuel Loading by Marvieduke(f): 6:45am On Feb 11
Transport fares will also rise up. Which way naija?

2 Likes

Re: Fuel Scarcity Looms As Marketers Disrupt Fuel Loading by BlessedNuel: 6:45am On Feb 11
There was a country called Nigeria
Re: Fuel Scarcity Looms As Marketers Disrupt Fuel Loading by ratiken(m): 6:45am On Feb 11
Which way Nigeria

One step forward, thirty steps backwards.

There is no hope for this country.
Re: Fuel Scarcity Looms As Marketers Disrupt Fuel Loading by lordopsy2018(m): 6:46am On Feb 11
We go use leg waka

1 Like 1 Share

Re: Fuel Scarcity Looms As Marketers Disrupt Fuel Loading by ojun50(m): 6:47am On Feb 11
No be today matter make them carry on
Re: Fuel Scarcity Looms As Marketers Disrupt Fuel Loading by lugo99(m): 6:48am On Feb 11
make we go buy bicycle like north Korea

4 Likes

Re: Fuel Scarcity Looms As Marketers Disrupt Fuel Loading by justosee: 6:48am On Feb 11
we are use to price increase under this buhari administration.
Re: Fuel Scarcity Looms As Marketers Disrupt Fuel Loading by Abalado(f): 6:48am On Feb 11
One problem or the other during Buhari regime Sha,,Shogun laye ni...?

4 Likes 1 Share

Re: Fuel Scarcity Looms As Marketers Disrupt Fuel Loading by lugo99(m): 6:48am On Feb 11
FP....
Re: Fuel Scarcity Looms As Marketers Disrupt Fuel Loading by tuoyoojo(m): 6:48am On Feb 11
Why is it that its only bad news we hear every day

Its like one should stop reading news o

6 Likes

Re: Fuel Scarcity Looms As Marketers Disrupt Fuel Loading by Prodigee: 6:48am On Feb 11
This country is just like a circus show - a joke!
Re: Fuel Scarcity Looms As Marketers Disrupt Fuel Loading by pafestula(m): 6:49am On Feb 11
A rugged Country for sale with great natural resources, 36+1 states, but managed by useless leaders for the past 60 years. Please serious buyer only!

8 Likes

Re: Fuel Scarcity Looms As Marketers Disrupt Fuel Loading by Drabeey(m): 6:49am On Feb 11
Not possible, that's is one of the many achievements of president Buhari. He'd be remembered for that. So it won't happen.
Re: Fuel Scarcity Looms As Marketers Disrupt Fuel Loading by justosee: 6:49am On Feb 11
lordopsy2018:
We go use leg waka
use leg waka from where to where?
Re: Fuel Scarcity Looms As Marketers Disrupt Fuel Loading by lugo99(m): 6:49am On Feb 11
even gas for my area na #400/kg

1 Like 1 Share

Re: Fuel Scarcity Looms As Marketers Disrupt Fuel Loading by dayo8080: 6:49am On Feb 11
It seems all is not well with our leaders. How can they make such huge change without doing proper impact assessment.

2 Likes

Re: Fuel Scarcity Looms As Marketers Disrupt Fuel Loading by mimilogistics: 6:50am On Feb 11
Hmmmm, scary
Re: Fuel Scarcity Looms As Marketers Disrupt Fuel Loading by lugo99(m): 6:50am On Feb 11
pafestula:
Country for sale. Please serious buyer only!
can I buy 9ja with bitcoin of bitcow??

2 Likes

Re: Fuel Scarcity Looms As Marketers Disrupt Fuel Loading by lugo99(m): 6:50am On Feb 11
pafestula:
Country for sale. Please serious buyer only!
can I buy 9ja with bitcoin or bitcow??

1 Like

Re: Fuel Scarcity Looms As Marketers Disrupt Fuel Loading by Anneka101(f): 6:52am On Feb 11
Only God can help Nigerians. We keep going from one problem to another.
Re: Fuel Scarcity Looms As Marketers Disrupt Fuel Loading by elmessiahs(m): 6:52am On Feb 11
you are attempting to build a rail from kano to maradi just access their refinery, empowering them economically while you don't support Modula refinery, forgetting that we depend heavily on kpo fire product

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