• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Friday, June 6, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Customers decry disparities in prices of PMS in depots

Petrol

The Matters Press by The Matters Press
January 5, 2023
Reading Time: 2 mins read
0
July petrol pump price ranges between N140.80 and N143.80

Some residents of Awka, the Anambra capital, have called on the Federal government to address the wide difference in the price of Premium Motor Spirit (PMS) between independent marketers outliers and those operated by depot owners.

RELATED POSTS

Nigeria’s 3MTT gets boost as EU, World Bank back initiative

PDP incubated insecurity in Nigeria, but Tinubu on top of the situation – TDF

FCT ground rent!: Check your name if you own property

The customers made the call following the observed difference in the price of PMS at an outlet allegedly belonging to a tank farm owner in the town and those of independent marketers.

They expressed worries that while independent marketers’ outlets were struggling to sell between N300 and N320 per litre, the tank farm owner’s outlet was comfortably selling between N200 and N220 per litre.

They wondered why major marketers who could control the price like NNPC megastation, Conoil, Total, Oando and Mobil in the town were not selling because of lack of product.

Mr Jude Nnaeto in Awka said it was worrisome that people could stay on queue for almost the whole day just to be able to buy petrol at N220 per litre while others were selling at N300.

Nnaeto said the challenge with hike in price may not be far from activities at the depots and called on the Federal Government to find out why depot owners’ outlets will be selling at a very low rate in the face of the ongoing scarcity.

“This is injustice, how can there be a price difference of over N100 per liter in the same city, look at the long queue of vehicles struggling to buy fuel at N220 while others are selling at N300 or more at other places.

” For this outlet to sell at this rate without problem, it means they can sell to independent marketers at a price that will make them at the same range, it is time the federal government addresses this,” he said.

Another customer who simply identified herself as Madam Jane said the masses were having a harsh Christmas and New year celebration because of the problem of PMS scarcity.

Jane expressed worry that the authorities in charge of petroleum products distribution and regulation had not tried to protect the masses by addressing the price hike.

Reacting, Mr Chinedu Anyaso, chairman of Independent Petroleum Marketers Association of Nigeria (IPMAN), Enugu Depot in charge of Anambra, Ebonyi and Enugu state described the situation as unfortunate.

Anyaso said the solution was for NNPC to sell directly to independent marketers and ensure that major marketers’ outlets had products to sell to consumers.

He said marketers were businesses who did their best to get products and serve the public and would continue to ensure it was available at the prevailing price.

Tags: Petrol
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

World Bank predicts 4% global economic growth, 1.1% for Nigeria in 2021
Economy/Technology

Nigeria’s 3MTT gets boost as EU, World Bank back initiative

June 6, 2025
Energy

PDP incubated insecurity in Nigeria, but Tinubu on top of the situation – TDF

June 4, 2025
Property owners besiege FCT office to pay ground rent
Economy/Technology

FCT ground rent!: Check your name if you own property

June 3, 2025
News

Cracking the Code with Africa’s Creators: Woof Studios Makes History at Cannes Lions 2025 CANNES,

June 3, 2025
Economic implications of Niger coup to Nigeria, ECOWAS
Economy/Technology

IMPI urges media to consider national interest in reporting security challenges

June 3, 2025
Tinubu steering Nigeria away from Venezuela-like tragedy – IMPI
News

Malami’s opposition to Tinubu’s endorsement self-indicting – TDF

June 3, 2025
Next Post
Trading in Nigerian stock market dips further N83bn

Stock market extends gain by 0.12%

FG spent N12.87trn in 2022 – Minister

Recommended Stories

Soil fungus threatens banana growth in Africa

Soil fungus threatens banana growth in Africa

May 22, 2023
Nigeria plans to increase petrol pump price despite spike in inflation, unemployment

Fear of fuel subsidy removal causes rumpus across Nigeria

May 30, 2023
Nigeria to sanction violators of Expatriate Quota rules

Immigration office gets two-week timeline for passport issuance

October 4, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Nigeria’s 3MTT gets boost as EU, World Bank back initiative
  • PDP incubated insecurity in Nigeria, but Tinubu on top of the situation – TDF
  • FCT ground rent!: Check your name if you own property

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us