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February 11, 2021 Fuel Scarcity Looms As Marketers Disrupt Petroleum Product Loading

In business news, there are strong indications that the country may be thrown another round of fuel scarcity as members of the Independent Petroleum Marketers Association of Nigeria disrupted loading of petroleum products at private depots in Apapa.

It was the same development at Ibadan, Ejigbo and Mosimi depots belonging to the Nigerian National Petroleum Corporation.

It was learnt that the marketers picketed the facilities to protest their inability to get products due to a new payment method introduced by the Petroleum Products Marketing Company, a subsidiary of the NNPC.

The Chairman, IPMAN, Ore Depot, Mr SHINA AMOO, confirmed the development in an interview in Ibadan.

He said the members of the association blocked the depots with tankers to protest the new payment method.

 

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