Fuel Crisis Looms As Private Depot Owners Raise Prices

Fuel Crisis Looms As Private Depot Owners Raise Prices — IPMAN - Politics - Nairaland

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Fuel Crisis Looms As Private Depot Owners Raise Prices — IPMAN by Islie(op): 12:25pm On Oct 22, 2021

The Independent Petroleum Marketers Association of Nigeria, Kano has alerted the Federal Government over the imminent fuel crisis in the country following the decision by some private depot owners to unilaterally raise the prices of the product.

The IPMAN chairman Kano chapter, Alhaji Bashir Danmallam, stated this in a statement issued in Kano on Friday.

He said some of the private depot owners had increased the price of the commodity from N148 per litre to between N153 and N155 per litre since Friday last week.

He said the association found it necessary to alert the government in order not to blame its members if they increase the price of the commodity as they would not operate at loss.

“Some private depot owners are trying to sabotage the Federal Government by unilaterally increasing their prices even though the government has not raised the fuel pump price.

“We are equally calling on the Management of the NNPC to investigate the issue as some of the private depot owners have since Friday last week increased the price from N148 per litre to between N153 and N155 per litre. We know it’s only the Federal Government that imports fuel into the country.

“As I am talking to you private depot owners in Warri, Calabar Lagos and Oghara in Delta State have increased their prices. We hope the management of the NNPC will investigate and intervene,” Danmalam said.

He also accused the private depot owners of trying to cause a fuel crisis in the country by closing the depots as the end of the year is fast approaching to maximize profit.

He said the association would not fold its arms and allow such unpatriotic private depot owners to engage in unnecessary price increase while the public is always accusing their members of flagrant increase in fuel prices.

https://punchng.com/fuel-crisis-looms-as-private-depot-owners-raise-prices-ipman/

Re: Fuel Crisis Looms As Private Depot Owners Raise Prices — IPMAN by Nobody: 12:45pm On Oct 22, 2021*

When the poor can no longer handle it, they would knock on your doors... so feel free to be wicked, no one is begging anyone again.

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Re: Fuel Crisis Looms As Private Depot Owners Raise Prices — IPMAN by Moferere: 12:45pm On Oct 22, 2021

Fuel price increase again?
E no go work undecided

Re: Fuel Crisis Looms As Private Depot Owners Raise Prices — IPMAN by gambia(m): 12:55pm On Oct 22, 2021

Moferere:
Fuel price increase again?
E no go work

E must work, Some Nigerians must get sense by force. grin

8 Likes 2 Shares

Re: Fuel Crisis Looms As Private Depot Owners Raise Prices — IPMAN by RZArecta(m): 12:56pm On Oct 22, 2021

The scrapping of PPPRA and other agencies should have told you dumb fúcks that the subsidy regime is officially over. Government wouldn't tell you this because they don't want una strike and protest wahala cool

4 Likes 1 Share

Re: Fuel Crisis Looms As Private Depot Owners Raise Prices — IPMAN by seborrhic: 1:04pm On Oct 22, 2021*

Islie:
https://punchng.com/fuel-crisis-looms-as-private-depot-owners-raise-prices-ipman/

Lalasticlala

Unless we are being hypocrites and dishonest to ourselves and acting dumb and senile like Buhari,these depot owners have the right to increase prizes.
Electricity power they use in running their depots has seen an increase in bill,transport cost has increased,goods and services the owners patronise have all seen large increase in prices.
Every business in Nigeria even those not impacted by the failed policies/no policies of the cattle rearer have genuinely or artificially increased the prices of their goods and services,so why should these depot owners be the exception?
Finally,the Naira has become almost useless so they have had to pay several million extra dollars to buy fuel.
If Nigerians want to allow Buhari to complete the last remaining months of his monumentally failed rule,then everyone should be ready to continue crying blood.

8 Likes 1 Share

Re: Fuel Crisis Looms As Private Depot Owners Raise Prices — IPMAN by paymentvoucher: 1:06pm On Oct 22, 2021

Yeeepa! OKOKOBIOKO!!!

BUHARI has done it again ooooooooooooooooooooooooooooohhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh shocked

Re: Fuel Crisis Looms As Private Depot Owners Raise Prices — IPMAN by bigdammyj: 1:07pm On Oct 22, 2021

Noted

Re: Fuel Crisis Looms As Private Depot Owners Raise Prices — IPMAN by Marvieduke(f): 1:07pm On Oct 22, 2021

Is their anything new about scarcity of fuel? We are already use to it, if I can't afford to buy fuel for my car, I will be prepared for increase in transportation. So anything they like should happen na still naija we dey.

Re: Fuel Crisis Looms As Private Depot Owners Raise Prices — IPMAN by GboyegaD(m): 1:07pm On Oct 22, 2021

Did this man not say private owners? Is he expecting the government to regulate the price? They are not "Not for Profut" as such, whatever would pay the owners is what they would do. It isn't compulsory people buy from them.

1 Like 1 Share

Re: Fuel Crisis Looms As Private Depot Owners Raise Prices — IPMAN by jericco1(m): 1:07pm On Oct 22, 2021

Finally, the country has hit rock bottom..

I'm done complaining..

2 Likes 1 Share

Re: Fuel Crisis Looms As Private Depot Owners Raise Prices — IPMAN by Tunasco4u(m): 1:07pm On Oct 22, 2021

Lemme go and quickly buy petrol and keep shocked

1 Like

Re: Fuel Crisis Looms As Private Depot Owners Raise Prices — IPMAN by CHANNELStv2020: 1:07pm On Oct 22, 2021

KAI, SAI BABA WALAHI,SAI BABA.

1 Like

Re: Fuel Crisis Looms As Private Depot Owners Raise Prices — IPMAN by DiamondEye: 1:07pm On Oct 22, 2021*

This is a ten 40 all units please be on stand-by

Re: Fuel Crisis Looms As Private Depot Owners Raise Prices — IPMAN by MrOON: 1:07pm On Oct 22, 2021

And light no dey my area for past 1week

1 Like

Re: Fuel Crisis Looms As Private Depot Owners Raise Prices — IPMAN by AdventHero: 1:07pm On Oct 22, 2021

We really need to do something to fix the many things that isn't working in our country.
We can only but pray that God intervenes through the heart of well meaning Nigerians to one day turn things around for the better.

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Re: Fuel Crisis Looms As Private Depot Owners Raise Prices — IPMAN by Grace001: 1:08pm On Oct 22, 2021

Masses are not scared of any fuel crisis or hike, no be today.

Masses are used to hardship and suffering, if fuel price go up to N250 Naira. Masses will only talk for a while and find a way to adapt to the new suffering

Nothing special

2 Likes

Re: Fuel Crisis Looms As Private Depot Owners Raise Prices — IPMAN by gambia(m): 1:08pm On Oct 22, 2021

By the time Buhari and his kinsmen are done with this country even Somalia will be better off.

2 Likes 1 Share

Re: Fuel Crisis Looms As Private Depot Owners Raise Prices — IPMAN by that1yorubaguy(m): 1:08pm On Oct 22, 2021

BUHARI IS FAILURE

FAILURE IS BUHARI

3 Likes 1 Share

Re: Fuel Crisis Looms As Private Depot Owners Raise Prices — IPMAN by abbeyie007(m): 1:08pm On Oct 22, 2021

Not again

Re: Fuel Crisis Looms As Private Depot Owners Raise Prices — IPMAN by Sified(m): 1:08pm On Oct 22, 2021

So you people want to increase the price again? Àbí? Ẹ sọ̀rọ̀ sókè nau

Re: Fuel Crisis Looms As Private Depot Owners Raise Prices — IPMAN by Akwamkpuruamu: 1:08pm On Oct 22, 2021

Buhari should make fuel #300 and stop playing mind games abeg.

At least zombies will buy for #150 while others will buy at #300

Re: Fuel Crisis Looms As Private Depot Owners Raise Prices — IPMAN by Nobody: 1:09pm On Oct 22, 2021

This is the change y'all wanted....una Never see anything.... by the time He is through...Even Chicken change no go remain for una account

3 Likes

Re: Fuel Crisis Looms As Private Depot Owners Raise Prices — IPMAN by Moferere: 1:10pm On Oct 22, 2021

gambia:
E must work, Some Nigerians must get sense by force.

Amadioha go still fire your scrotum

1 Like 1 Share

Re: Fuel Crisis Looms As Private Depot Owners Raise Prices — IPMAN by Maxymilliano(m): 1:13pm On Oct 22, 2021

This is imminent when you have a government that doesn't know its onions.

PPPRAA, (Petroleum Products Pricing Regulatory Agency) that was saddled with regulating ex-depot price of fuel was scrapped by the incumbent government and despite series of assurances of putting another body in place, nothing has been done. Which is why is it easy for any marketers to wake up and increase prices unilaterally