News
Fuel Crisis Loom, As Price Increases To N155 Per Litre At Depots
The Kano State chapter of IPMAN alerts the Federal Government of Nigeria to the imminent fuel crisis in the country.
It says the decision by some private depot owners to independently increase the prices to N155/l could lead to fuel crisis.
The Kano State chapter of the Independent Petroleum Marketers Association of Nigeria, IPMAN, on Friday, alerted the Federal Government to the imminent fuel crisis in the country following the decision by some private depot owners to independently increase the prices of the product.
Alhaji Bashir Danmallam, the IPMAN Chairman, Kano chapter, stated this in a statement issued on Friday.
Danmallam said some of the private depot owners had increased the price of fuel from N148 per litre to between N153 and N155 per litre since last week.
According to him, the association found it necessary to alert the government in order not to blame its members if they increase the price of fuel as they would not operate at a loss.
The statement read, “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.
-
READ ALSO: Norway To Ban Sales Of Petrol/diesel Cars In 2025, 100% EV Sales Could Come As Early As April 2022
“We’re 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 is only the Federal Government that imports fuel into the country.
“As I’m 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.”
-
READ ALSO: Amid Petrol Shortage In UK, Nigerian Reveals How Thieves Stole Fuel From His Car, Others (Video)
-
News1 week agoBugatti Wars: Davido Flaunts $5 Million W16 Mistral, A Day After Burna Boy’s Chiron Arrived Nigeria
-
Celebrities Auto6 days ago₦6B Worth of Supercars: Jeff Forex And Habby Forex Takes Delivery Of Their Lamborghini Aventador SVJs
-
News1 week agoThe Mazda MX-5 (Miata) May Become An EV
-
News6 days agoDavido’s Shows Off $5m Mistral, Burna Boy’s Chiron, EFCC Seizes Aisha’s Exotic Cars Worth ₦4.3b, Hongqi E-HS9 Spotted, Nigerian News In July
-
News1 week agoThe Largest U.S. Recall Of Mercedes-Benz In 2026 Began With A Single Little Component
-
News6 days agoFull Lists Of Categories Of Vehicles Exempted From Customs Import Duty & VAT, Those Still Taxed
-
News7 days agoThrough 2027, BMW Will Flood The Market With New Vehicles
-
News6 days agoLamborghini Urus SE Performante, Bentley Torcal, McMurtry Spéirling PURE, McLaren 788HS, News In July