• Contact Us
  • About Us
Wednesday, June 18, 2025
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Energy

Only one storage tank working in Ejigbo depot- IPMAN

metro by metro
January 8, 2018
in Energy
0
oil
0
SHARES
0
VIEWS

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has decried the situation whereby only one storage tank out of nine installed at the Ejigbo Depot was working.

It appealed to the Nigerian National Petroleum Corporation (NNPC) to rehabilitate all the moribund storage facilities within the depots which made up the western zone to enhance effective distribution of petroleum products.

Read Also

Lagos Issues Order To Regulate Electricity Market Operations

Abuja, Kogi, Two Other States To Experience Darkness As AEDC Workers Threaten Shutdown Of Electricity Supply

REA Launches NEP Legacy Photobook To Mark Nigeria’s Rural Electrification Milestones

Alhaji Ayo Alanamu, the Chairman, Ejigbo Satellites Depot of IPMAN, told the News Agency of Nigeria (NAN) in Lagos on Monday that this would address the fuel distribution challenges in the zone.

He said that only one out of nine storage tanks in Ejigbo Depot, was currently working; adding that this was not sufficient for petroleum distribution.

He said that this had also contributed to the scarcity of petrol and the long queues of trucks awaiting loading at the depot.

According to him, marketers hardly load 50 trucks from the depot due to the dilapidated state of the storage tanks there.

“ We were loading between 15 trucks and 17 trucks daily before it was repaired.

“That was not enough for marketers to distribute to their customers.

“ We appeal to the Federal Government through the NNPC to revive all the damaged tanks so as to increase the fuel storage capacity to 200 trucks daily.

“ Government should ensure effective repairs of all the dilapidated storage facilities within the western zone to beef-up storage and loading capacity to at least 1million trucks on daily basis.

“This will address frequent fuel challenges in the country,’’ he said.

The IPMAN boss said that if depots had enough stocks, marketers would work 24-hours to ensure that the product gets to every nook and cranny of the states.

Alanamu appealed to the government to revive the depots so that they could operate to work 24-hours daily and facilitate effective service delivery to reduce queues within the depots.

He also appealed to government to allow marketers to import petrol and sell at the current prevailing market price.
According to him, no marketers can import at N171 landing cost per litre and sell at N145 at their stations. (NAN)

Tags: IPMAN
Previous Post

Union bank: CBN, SEC complete rights issues

Next Post

Herdsmen crisis: Buhari orders IGP Idris move to Benue

Related Posts

LASG Warns Residents Of Ogun River Banks On Imminent Flooding
Energy

Lagos Issues Order To Regulate Electricity Market Operations

June 11, 2025
Abuja, Kogi, Two Other States To Experience Darkness As AEDC Workers Threaten Shutdown Of Electricity Supply
Energy

Abuja, Kogi, Two Other States To Experience Darkness As AEDC Workers Threaten Shutdown Of Electricity Supply

June 5, 2025
REA Launches NEP Legacy Photobook To Mark Nigeria’s Rural Electrification Milestones
Energy

REA Launches NEP Legacy Photobook To Mark Nigeria’s Rural Electrification Milestones

June 4, 2025
AEDC Attributes Outages To Explosion, Technical Fault As Over 20 Communities Thrown Into Darkness During Easter
Energy

AEDC Staff Electrocuted During Repair Duty In FCT As Consumers Complain Lack Of Power

May 30, 2025
Next Post

Herdsmen crisis: Buhari orders IGP Idris move to Benue

Zenith Bank

Zenith Says Dividend Freeze, Temporary, Exits CBN Forbearance Arrangements By End Of June, 2025

June 18, 2025

Angola to Host ATIDI’s 25th Annual General Meeting as Africa’s Multilateral Insurer Marks 25 years of Impact

June 18, 2025
CBN

CBN’s Forbearance Policy, CRR, LRR May Threaten Banks’ Lending, Proposed $1tn Economy

June 18, 2025
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

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
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version