Petroleum marketers reveal reasons for slight price adjustment amid dry depots

  • Independent Petroleum Marketers Association of Nigeria (IPMAN) says its members have been unable to load petrol
  • IPMAN PRO, Chinedu Ukadike said that marketers now wait for days to load petrol at depots
  • He stated that the slight increase in petrol prices is due to product scarcity at NNPC depots

The Independent Petroleum Marketers Association of Nigeria (IPMAN) revealed on Wednesday that oil marketers cannot lift products from the Nigerian National Petroleum Limited (NNPC), leading to scarcity in parts of the country.

The association said that despite NNPC not increasing its prices, marketers no longer have access to the oil company’s portal as it has stopped letting them load via the portal.