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Fuel: No Plan To Shutdown Stations Over N195 Per Litre Enforcement —– IPMAN

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The lndependent Petroleum Marketers Association of Nigeria (IPMAN) has denied insinuations that marketers of Premium Motor Spirit (PMS), popularly called petrol, are getting set to shut down operations beginning from Monday once the government starts the enforcement of N195/litre pump price.

IPMAN’s National Operations Controller, Mr. Mike Osatuyi, in a statement in Abuja, explained the Nigerian National Petroleum Company Limited (NNPCL) is preparing the logistics to start giving petrol to IPMAN members directly two months after their December 8, 2022 agreement.

He advised members to open up their stations and start selling to the public nationwide.

He said that IPMAN is a responsible association that will not involve in undermining national security as petrol is a national security product.

According to him: “Apart from IPMAN members loading at DAPPMAN depots in Abule-Ado, ijegun axis of Lagos, has agreed to sell petrol at N172 per litre to IPMAN members as part of the Federal Government and DAPMAN efforts in ensuring Nigerian enjoy the subsidy regime.”

He added that lPMAN will also load in NIPCO and MRS depots massively for South West and North West in a few days.

Osatuyi said the National Union of Petroleum and Natural Gas Workers (NUPENG) must be applauded for cancelling the N3 union charges on petrol in the last two days in loading depots adding the government should advise NUPENG/ PTD to bring down the transportation cost to various parts of the country where a reasonable profit will be made by the transport owners and the benefits of subsidy will equally be enjoyed by the public so as to enable IPMAN members to sell at reasonable and near approved prices nationwide.

He said that Adesope Ibadan IPMAN depot publicity officer has no mandate to talk on behalf of the National body of IPMAN.

He appealed to the media to always cross-check any information from the IPMAN National body before going to press.

Alhaji Mojeed Adesope, the IPMAN Publicity Officer, Ibadan Depot called for a shutdown of all IPMAN’s filling stations due to the government’s pronouncement that the price of petrol should not exceed N195/litre, a development in which dealers, particularly independent marketers, described as tough due to the high ex-depot price of the commodity.

Osatuyi said that members will begin to get supplies directly from the Nigeria National Petroleum Company Limited (NNPCL).

He said that going forward, the independent marketers, being a critical complement to the major marketers in breaking the festering scarcity, got assurance of direct supply of petrol from the NNPCL.

The moves came on the heels of a critical meeting between NNPCL, MOMAN, IPMAN, Depots and Petroleum Products Marketers Association of Nigeria (DAPPMAN) and the Department of State Services (DSS) amongst others.

The National Operations Controller said that the NNPCL have agreed to be selling petrol directly to IPMAN members at the regulated official price, rather than the crisis-fueling situation of routing products through third parties, who had been severally fingered as being behind inflated wholesale supply prices.

Osatuyi said the direct sale of products to independent marketers “will bring down the price of the product”, noting that direct sale of products to independent marketers will lead to an immediate reversal of retail prices to the regulated retail price.

He said: “I can tell you that the NNPCL have agreed to be giving IPMAN petrol directly and not through a third party.

“The Federal Government of Nigeria and the Inspector General of police should call the federal task force on petroleum products to order as there recent actions is geared towards intimidation and exploitation.

“IPMAN will work with them in a peaceful and friendly atmosphere to fish out fraudulent members among IPMAN members that can be proven but not exploitative agenda.”

 

BIG STORY

BREAKING: Tinubu Suspends Emergency Rule In Rivers, Asks Fubara To Resume Tomorrow

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President Bola Tinubu has lifted the emergency rule imposed in Rivers State.

In a statement released on Wednesday, the president directed Siminalayi Fubara, the suspended governor, to return to office on Thursday, September 18.

Tinubu also instructed Ngozi Nma Odu, the deputy governor, along with members of the Rivers State House of Assembly, to resume their official responsibilities.

The state had been under emergency rule for the past six months.

More to come…

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Elumelu Mourns Colleagues Who Died In Afriland Fire Incident, Cuts Short US Trip

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Chairman’s Speech

I am shattered by yesterday’s devastating incident at Afriland Towers that took the lives of our dear colleagues.

No words can capture the magnitude of this loss — not for their families who loved them, not for the friends who valued them, and not for those of us who worked beside them.

Yesterday was a stark reminder of what truly matters: our irreplaceable people, those who walk through our doors each day and share our mission.

I learnt of this on my way to the US, enroute to New York for UNGA. I have cut short my trip to return to Lagos as a mark of respect to our lost colleagues.

As we navigate this grief, I urge you all to reach out to those who are receiving care.

In the coming days, we will convene colleagues in a memorial to honour the memories of the departed, as we provide support to their families.

I also want to thank all those who supported in one way or the other, from emergency responders and first aid workers to members of the public who showed courage and compassion.

A minute’s silence will be observed today at12:00 noon, WAT, across all our group companies.

May this never happen again in our Group. May the souls of the departed rest in perfect peace.

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Saudi Arabia Frees Three Nigerian Pilgrims Detained For Alleged Drug Trafficking After FG Intervention

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Three Nigerian pilgrims arrested in Saudi Arabia over alleged drug trafficking have been released following high-level intervention by Nigerian authorities.

The National Drug Law Enforcement Agency (NDLEA) confirmed their release at a press briefing on Wednesday.

Femi Babafemi, NDLEA’s Director of Media and Advocacy, said the freedom of the detainees came after engagements between the agency and Saudi authorities. He disclosed that the pilgrims — Mrs Maryam Hussain Abdullahi, Mrs Abdullahi Bahijja Aminu, and Mr Abdulhamid Saddieq — were held in Jeddah for four weeks before being cleared.

Babafemi advised passengers to ensure proper luggage tagging to avoid falling victim to drug trafficking syndicates that manipulate baggage handling systems.

In August, the NDLEA had arrested a suspected drug kingpin, Mohammed Abubakar, also known as Bello Karama, and five members of his syndicate, accused of planting narcotics in the luggage of unsuspecting pilgrims at the Malam Aminu Kano International Airport (MAKIA).

According to investigations, the syndicate — in collusion with staff of the Skyway Aviation Handling Company (SAHCOL) — secretly tagged six additional bags to the names of the pilgrims, three of which contained illicit substances.

While the suspects checked in the drug-laden luggage on Ethiopian Airlines flight ET940 from Kano to Jeddah via Addis Ababa, Karama himself travelled separately on Egypt Air. Other accomplices identified include Abdulbasit Adamu, Murtala Olalekan, Celestina Yayock, and Jazuli Kabir. NDLEA said evidence of payments linked to the scheme had been traced to them.

Babafemi noted that NDLEA Chairman, Brig Gen. Buba Marwa (rtd.), personally engaged officials of Saudi Arabia’s General Directorate of Narcotics Control (GDNC), armed with Nigeria’s investigation report and charges filed against the syndicate. The discussions, he said, were held at multiple levels, both in Nigeria and Saudi Arabia, in line with President Bola Tinubu’s directive that no Nigerian should suffer unjustly abroad.

“One of the pilgrims was freed on September 14, and the remaining two were released on September 15, 2025,” Babafemi said.

Marwa expressed gratitude to Saudi authorities for their cooperation, stressing that the release reflected the spirit of the Memorandum of Understanding (MoU) between NDLEA and the GDNC. He also commended President Tinubu for backing the efforts, alongside Attorney General Lateef Fagbemi, Foreign Affairs Minister Yusuf Tuggar, Aviation Minister Festus Keyamo, and National Security Adviser Nuhu Ribadu.

He said: “The biggest support came from President Tinubu, who is committed to ensuring that every Nigerian receives fair treatment globally. This case demonstrates that no Nigerian will be unjustly punished for crimes they know nothing about.”

The incident, however, reignited concerns about airport security in Nigeria, with authorities pledging stricter checks at Kano airport to curb similar criminal practices.

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