Federal Character
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
Federal Character
No Result
View All Result
Home News

Fuel Price Hike: Petrol Scarcity Continues After NNPCL Restrict Independent Marketers

Somto NwanoluebySomto Nwanolue
September 5, 2024
in News
0
Fuel Price Hike: Petrol Scarcity Continues After NNPCL Restrict Independent Marketers
Share on FacebookShare on TwitterShare on Whatsapp

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has purportedly barred the Independent Petroleum Marketers Association of Nigeria, IPMAN, from purchasing Premium Motor Spirit (Petrol) amid the product price increase on Tuesday.

The development had prompted the pump price of fuel hit alarming prices of N855, N897 to N1000 in major filling stations in the Federal Capital Territory, Abuja, Lagos, Delta and Enugu states upon NNPCL’s upward price review.

Meanwhile, Independent marketers had retailed the product for N1,200 and N1,300 per liter in some states after the upward review of prices by the NNPCL.

But despite most fuelling stations hiking the petrol pump price hike, they are not dispensing fuel in major cities across the country.

As a result, the National Vice President of the Independent Petroleum Marketers Association of Nigeria, Hammed Fashola in a statement on Wednesday, revealed that the NNPCL had barred its members from getting petrol at depots.

“Yes, our tickets were suspended for loading. They have not been attending to us since yesterday (Tuesday), and there is no official communication yet”, he had exclaimed.

Alternatively, since the upward review of petrol price, NNPCL has yet to officially make any announcement regarding the matter.

In Delta State, commercial tricycle riders have taken to the streets to protest the hike in petrol prices.

Tags: federal characterFuel Price HikeFuel Price Hike: Petrol Scarcity Continues After NNPCL Restrict Independent MarketersNewsNigeriaNNPCLPetrol scarcity
Somto Nwanolue

Somto Nwanolue

Somto Nwanolue is a news writer with a keen eye for spotting trending news and crafting engaging stories. Her interests includes beauty, lifestyle and fashion. Her life’s passion is to bring information to the right audience in written medium

Related Posts

After Louvre Heist, Thieves Hit Another French Museum
News

After Louvre Heist, Thieves Hit Another French Museum

October 23, 2025
US Troops on Standby In Anticioation of Massive, Coordinated Anti-Trump Protests
News

US Troops on Standby In Anticipation of Massive, Coordinated Anti-Trump Protests

October 18, 2025
Blood Spills in Peru as Gen Z Fights a Broken System
News

Blood Spills in Peru as Gen Z Fights a Broken System

October 22, 2025
Next Post
Yolk Sac Tumor: Origin, Development, Symptoms, and Causes

Yolk Sac Tumor: Origin, Development, Symptoms, and Causes

Yolk Sac Tumor: Origin, Development, Symptoms, and Causes

The Diagnostic Procedures and Treatment of Yolk Sac Tumor

UN Secretary-General Calls for Africa’s Inclusion on the Security Council

UN Secretary-General Calls for Africa’s Inclusion on the Security Council

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Savinho Scores First as Manchester City Pip Leicester to Break Jinx

Savinho Scores First as Manchester City Pip Leicester to Break Jinx

10 months ago
How AI and Machine Learning are Revolutionizing Drug Discovery

How AI and Machine Learning are Revolutionizing Drug Discovery

1 year ago
UN Agency Issues Warning: Gaza Faces Rapid Depletion of Food and Fresh Water

UN Agency Issues Warning: Gaza Faces Rapid Depletion of Food and Fresh Water

2 years ago
Morocco Roars with Delight as 2030 World Cup Co-Hosting Dream Comes True

Morocco Roars with Delight as 2030 World Cup Co-Hosting Dream Comes True

2 years ago

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

Topics

2023 Aboki/Bureau De Change (BDC) apc Arsenal buhari Business cbn chelsea china court Davido Dollar Efcc Election Entertainment Euro and Pounds To Naira Exchange Rate For Today exchange rates for the Nigerian Naira (NGN) Fashion federal character federal government Finance food Football Foreign News government health inec Israel lagos Manchester United Naira Naira Black Market exchange rates News Nigeria pdp police Politics president protest Russia Sports tinubu trump ukraine US
No Result
View All Result

Highlights

Messi has commit to Miami signing a new contract extension till 2028

Why Making Music in Nigeria is Expensive — Bella Shmurda Speaks

Nnamdi Kanu Fires Legal Team in Open Court, Vows to Defend Himself

After Louvre Heist, Thieves Hit Another French Museum

Movie Review: Why Same Place, Same Time Is Undermined by Weak Plot and Technical Flaws — 4/10

Ghana in Mourning as Former First Lady Nana Konadu Agyeman-Rawlings Dies at 76

Trending

Baltimore City Police Who Stole $215k Retains Pension
Government

Baltimore City Police Who Stole $215k Retains Pension

byEriki Joan Ugunushe
October 23, 2025
0

You would think stealing $215,000 of taxpayers’ money would strip a man of all public benefits, but...

APC’s New Apostle: Amupitan Says God Sent Him to Fix Elections

APC’s New Apostle: Amupitan Says God Sent Him to Fix Elections

October 23, 2025
Dangote Group Disowns Killer Truck in Ondo Crash

Dangote Group Disowns Killer Truck in Ondo Crash

October 23, 2025
Messi has commit to Miami signing a new contract extension till 2028

Messi has commit to Miami signing a new contract extension till 2028

October 23, 2025
Why Making Music in Nigeria is Expensive — Bella Shmurda Speaks

Why Making Music in Nigeria is Expensive — Bella Shmurda Speaks

October 23, 2025

We launched Federal Character in February 2021 based on the belief that the world is in need of smarter and more efficient reporting of events shaping our rapidly changing world. We pledged to put our audience first, always.

Recent News

  • Baltimore City Police Who Stole $215k Retains Pension
  • APC’s New Apostle: Amupitan Says God Sent Him to Fix Elections
  • Dangote Group Disowns Killer Truck in Ondo Crash

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

© 2024 FederalCharacter.com

No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion

© 2024 Federalcharacter.com