By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Daily Report NigeriaDaily Report NigeriaDaily Report Nigeria
Notification Show More
Font ResizerAa
  • HOME
  • NEWS
  • POLITICS
  • METRO
  • ENTERTAINMENT
  • SPORTS
  • FACT FILE
  • SPECIAL REPORT
Reading: Again, Marketers Threaten Strike Over Hike in Petrol
Share
Font ResizerAa
Daily Report NigeriaDaily Report Nigeria
  • METRO
  • NEWS
  • POLITICS
  • SPECIAL REPORT
  • FACT FILE
Search
  • HOME
  • NEWS
  • POLITICS
  • METRO
  • ENTERTAINMENT
  • SPORTS
  • FACT FILE
  • SPECIAL REPORT
Have an existing account? Sign In
Follow US

Home | Again, Marketers Threaten Strike Over Hike in Petrol

News

Again, Marketers Threaten Strike Over Hike in Petrol

Tapre Timine
Tapre Timine
Published: June 15, 2025
Last updated: June 15, 2025
3 Min Read
Share
Again, Marketers Threaten Strike Over Hike in Petrol | Daily Report Nigeria
SHARE

The Independent Petroleum Marketers Association of Nigeria, on Monday, decried the incessant increment in the price of premium Motor Spirit in the Eastern part of the country.

IPMAN begged the Federal Government to revive all NNPC depots within the Eastern zone to enable them to get products at the regulated price.

According to marketers, they were buying from depots at N185 per liter, but after adding other expenses, the price would increase to N200 per litre.

ATTENTION: Click “HERE” to join our WhatsApp group and receive News updates directly on your WhatsApp!

The marketers regretted that even at N200 per liter, their businesses could not thrive due to the high cost of diesel to power the station and the exploitation from private tank depot owners and Nigeria Union of Petroleum and Natural Gas Workers.

They also sought the intervention of the Nigerian Labour Congress in appealing to NUPENG to reduce the loading fee.

In a statement issued by the group, the marketers blamed private depots for the hike in price.

It read:

“It is no longer news that premium motor spirit, known as petrol, is sold at N200 per litre in the Eastern part of Nigeria, including Portharcourt, Enugu, Owerri, Awka, Uyo, Cross River, Aba, Yenagoa, Makurdi, Lokoja.

“The real cause of hike in price is the incessant increment in price of premium spirit from private depot owners. A litre of fuel is being sold to us at the rate of N185 per litre.

“When you add transport and logistics including the exploitation by NUPENG in the name of union fee, which is over N120,000 per truck, the price will be more than N200 per liter.

“Even at N200 per litre, considering the high cost of diesel to power the station and the exploitation from private tank depot owners and NUPENG, our business cannot thrive. Our various associations have met, and we have resolved to withdraw our services.

“Hence, we cannot cope with the harsh environment of doing business, caused by private depot owners and NUPENG. We’re calling on the federal government to revive our various NNPC depots within the Eastern zone to enable us to get premium motor spirit at a regulated price.

“We are also calling on the Nigeria Labour Congress and the management of NNPC to please appeal to the leadership of NUPENG to lessen our burden by reducing the loading fee.”

TRENDING: Facts Emerge of How Davido’s Son, Ifeanyi Adeleke Died

For publication of Press Releases, Statements, and Advert Inquiries, send an email to info@dailyreport.ng
TAGGED:IPMANTop Stories
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link
Leave a Comment

Leave a Reply Cancel reply

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

Latest Updates

Club World Cup : Chelsea, Palmeiras Advance to Quarter Finals | Daily Report Nigeria
Club World Cup : Chelsea, Palmeiras Advance to Quarter Finals
Sports
Obi Slams Tinubu for Saint Lucia Vacation Amid Soaring Insecurity, Hunger in Nigeria | Daily Report Nigeria
Obi Slams Tinubu for Saint Lucia Vacation Amid Soaring Insecurity, Hunger in Nigeria
News
Fubara Justifies Peace with Wike, Says Reconciliation Needed for Rivers’ Stability | Daily Report Nigeria
Fubara Justifies Peace with Wike, Says Reconciliation Needed for Rivers’ Stability
Politics
Motorcyclist Shot Dead by Armed Men in Abia | Daily Report Nigeria
Motorcyclist Shot Dead by Armed Men in Abia
Metro
Jeff Bezos, Lauren Sanchez – At a Glance | Daily Report Nigeria
Jeff Bezos, Lauren Sanchez – At a Glance
Fact File

TOPIC

2023 Elections Abuja Accident AFCON Anambra APC Arrest ASUU ASUU Strike Atiku Abubakar Bandits Bayelsa BBNaija Biafra Boko Haram Bola Ahmed Tinubu Bola Tinubu Breaking News Breaking News Nigeria Burna Boy Burutu CBN Celebrity news Chelsea Coronavirus court covid-19 Crime Daily Report Ng Daily Report Nigeria Daily Sports News Davido Delta Delta state DSS Education EFCC Elections English Premier League EPL Family federal government FG FIFA World Cup Football Fraud Godwin Emefiele Goodluck Jonathan Governor Nyesom Wike Gunmen Health Ifeanyi Okowa Imo INEC Insecurity IPOB IYC JAMB Kaduna Kidnap Labour Party Lagos Lagos State Manchester United Marriage Muhammadu buhari Music NASS NDDC NDLEA Niger Delta Nigeria NLC Nnamdi Kanu NNPC Nollywood Nyesom Wike Olusegun Obasanjo Pastor PDP Peter Obi Police Politicians President Bola Ahmed Tinubu President Muhammadu buhari Professor Yemi Osinbajo Protest Rape Reno Omokri Rivers State Senate Sheriff Oborevwori Social Media Suicide Super Eagles Tinubu Top Stories Twitter Victor Osimhen Zamfara

You Might Also Like

FG Will Open Bid For Nigeria Air Next Week - Hadi Sirika | Daily Report Nigeria
News

FG Will Open Bid For Nigeria Air Next Week – Hadi Sirika

June 13, 2025
FG and 5-year Compulsory Service For Medical Doctors | Daily Report Nigeria
News

FG and 5-year Compulsory Service For Medical Doctors

June 13, 2025
Breaking: Gunmen Kill Lawmaker, Kidnap Wife in Bauchi | Daily Report Nigeria
MetroNews

Breaking: Gunmen Kill Lawmaker, Kidnap Wife in Bauchi

June 14, 2025
World Cup Betting: Brazil v Serbia - Predictions, odds, predicted lineups | Daily Report Nigeria
NewsSports

World Cup Betting: Brazil v Serbia – Predictions, odds, predicted lineups

June 14, 2025
© Daily Media N Publishing LTD. All Rights Reserved.
  • Home
  • About Us
  • Adverts With Us
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?