Updated: Fuel queues return to Lagos as IPMAN insists on N180/litre – Newstrends
Connect with us

metro

Updated: Fuel queues return to Lagos as IPMAN insists on N180/litre

Published

on

Many motorists had difficulty buying fuel in Lagos on Monday after queues resurfaced in many parts of state as Independent Petroleum Marketers Association of Nigeria (IPMAN) shut down their operations.

They insisted on selling the product at N180 per litre as they claimed the current official price of N165 per litre was no longer profitable and unrealistic.

Chairman of IPMAN at Lagos Satellite Depot, Ejigbo, Mr Akin Akinrinade, confirmed the development to newsmen in Lagos, saying the members took the decision because they could no longer operate at a loss.

He said while the government had fixed N165 per litre as the pump price of Premium Motor Spirit (PMS), the current realities in the market showed that the minimum the product should be retailed at the stations should be N180.

According to him, the current scarcity being witnessed in Lagos is because majority of petrol stations in the state are owned by IPMAN members who are finding it difficult to operate in a hostile environment.

He said, “As you can see, the queues are back and this is the second time we are witnessing it this year.

“However, this one is peculiar in the sense that for a particular reason, IPMAN members decided to shut their stations.

“This is not because we are on strike, but because we can no longer do business under this condition.”

Akinrinade said IPMAN members ought to be getting supply from the Pipelines and Product Marketing Company (PPMC) and had made payments of over N1 billion since October 2021.

He said the products were yet to be delivered forcing members to patronise private depots for products while at the same time servicing loans borrowed from banks for their money with PPMC.

Akinrinade said, “Now, these private depot owners have increased the ex-depot price of the PMS from N148.17 to N162 per litre. That is the amount they are selling to us.

“When you factor in the handling charge, transportation and running cost of our stations, you will see that even within Lagos, the minimum we can retail petrol is about N180 per litre.

“We want Nigerians to know that IPMAN members are patriotic citizens and we are not out to sabotage the effort of government because we know this hike in petroleum products prices is not peculiar to Nigeria.

“The ongoing conflict between Russia and Ukraine has disrupted the supply chain and the Nigerian government is doing its best to mitigate its impact on our nation.”

He, therefore, urged the government to direct the private depots to revert to the old ex-depot price for the PMS or deregulate the downstream sector to allow market forces determine the price.

Akinrinade also advised the government to expedite action on the rehabilitation of the nation’s refineries in order to increase the domestic refining capacity.

He called for the resumption of pumping products through the PPMC Ejigbo depot, which would enable IPMAN members get supply at a cheaper cost.

A News Agency of Nigeria (NAN) correspondent who monitored the fuel situation at Oshodi, Ejigbo, Ikeja, Egbeda and Ikotun areas observed that majority of the filling stations were not selling petrol.

Long queues were seen at the few stations selling with both private and commercial motorists complaining about the situation.

A motorist, Mr Godwin Eke, told NAN that the return of fuel queues was not good for the economy.

“We are spending hours here queuing to buy fuel when we could have been doing something more productive with our time.

“I have not been to my shop since morning because I want to fill my tank, which will last me for the week,” he said.

A commercial bus driver, Mr Aliyu Dawodu, said the scarcity was not good for business, especially as the drivers could not increase their fares.

However, Mr Ayorinde Cardoso, Zonal Operations Controller, Nigerian Midstream and Downstream Petroleum Regulatory Authority, advised the public not to engage in panic buying.

“There is sufficient fuel at the depots and jetties. As at today (Monday) we have a total of 234,920,127 litres of PMS in various depots in Lagos.

“In addition, we have four vessels in Lagos jetties discharging 186,753,650 litres of the PMS,” he said.

metro

Lagos govt insists nightclubs, worship centres must obtain permit for amplified sound

Published

on

Honourable Commissioner for Environment and Water Resources, Tokunbo Wahab

Lagos govt insists nightclubs, worship centres must obtain permit for amplified sound

The Lagos State Government has rolled out stricter measures to combat noise pollution, requiring nightclubs, lounges, bars, and worship centres to obtain permits for events involving amplified sound.

The measure, it said, aimed to safeguard the health and well-being of Lagosians during the festive season and beyond.

Lagos State Commissioner for Environment and Water Resources, Tokunbo Wahab, announced this via his official X (formerly Twitter) account on Saturday, emphasizing the government’s zero-tolerance stance on noise pollution.

Wahab highlighted that events with amplified sound must be conducted in soundproofed, enclosed spaces to protect residents from the harmful effects of excessive noise.

READ ALSO:

“Establishments such as worship centers, nightclubs, lounges, and bars must now obtain permits for events involving amplified sound and ensure these activities take place in soundproofed, enclosed spaces to protect neighboring residents,” the statement read in part.

To enforce these directives, the government said it had established a Special Task Force on Noise Pollution under the Lagos State Environmental Protection Agency (LASEPA).

This task force, in collaboration with the Lagos State Neighborhood Safety Corps (LSNSC) and the Lagos State Environmental Sanitation Corps (LAGESC), would oversee compliance, arrest offenders, and prosecute violators of noise regulations, it stated.

The statement further noted that starting January 2025, the government would roll out a public awareness campaign to educate Lagosians on acceptable noise levels and the benefits of a quieter environment.

 

Lagos govt insists nightclubs, worship centres must obtain permit for amplified sound

Continue Reading

metro

Alleged missing N180m: It’s a prank, Singer Dammy Krane says

Published

on

Martins Vincent Otse, widely known as Verydarkman

Alleged missing N180m: It’s a prank, Singer Dammy Krane says

Singer, Dammy Krane has stated that social critic, Very Dark Man, is joking with claims that N180 million was diverted from the NGO account he created in October this year.

VDM shocked Nigerians on Friday, December 27 when he released a video claiming hackers had breached his NGO website and moved N180m leaving only N20 million.

The news shocked many Nigerians who took to social media to slam him.

READ ALSO:

However, in a post shared on his Instagram page this evening, Dammy Krane claimed that VDM is renovating a school in Jos, and was only joking with the story of stolen funds.

Also, a Human Rights activist, Omotayo Williams, claimed the man VDM showed in his video as an officer accompanying him to Jos is a well-known member of the Kogi State Taxi Taskforce.

Alleged missing N180 million: It?s a prank. VeryDarkMan is renovating a school in Jos - Singer Dammy Krane says

Alleged missing N180m: It’s a prank, Singer Dammy Krane says

Continue Reading

metro

Oluwo backs push for Sharia law in South-West

Published

on

Oluwo of Iwoland, Oba Abdulrosheed Adewale Akanbi

Oluwo backs push for Sharia law in South-West

The Oluwo of Iwo, Oba Abdulrasheed Akanbi, has expressed support for the proposed implementation of Sharia law in the South-West, emphasizing its historical presence in Yoruba culture.

Oba Akanbi noted that Sharia principles have long been part of Yoruba land, citing examples such as Sharia banking and the existence of a Sharia college in Iwo, Osun State.

He stated, “Sharia law has been in Iwo for over 100 years… It’s the right of Muslims to choose customary law or the high court.”

Recall that the discussion around Sharia law gained traction after plans were announced for the inauguration of a Sharia council on January 11, 2025, at the Muslim Community Islamic Centre in Oyo. However, the event has been postponed indefinitely following widespread public criticism.

READ ALSO:

Critics have argued that the Yoruba-dominated South-West, where Muslims and Christians coexist, is distinct from the predominantly Muslim northern region where Sharia is more widely practiced.

Addressing concerns, Oba Akanbi explained that Sharia law is already embedded in Nigeria’s constitution and should not cause alarm for non-Muslims.

“Sharia law is only for Muslims and does not concern others. If any other person likes it, they can convert to Islam, and Muslims can also convert to Christianity. Everyone is free,” he said.

The monarch also drew attention to the challenges faced by Muslims under existing laws, particularly in matters such as inheritance and divorce, where Western legal frameworks may not align with Islamic traditions. “Many Muslims feel disenfranchised… Western education doesn’t understand the ways of Muslim divorce, marriage, and inheritance,” he added.

Oba Akanbi emphasized that Sharia law represents the inalienable rights of Muslims and should not be viewed as a threat to other religions. “No government can deny Muslims their inalienable rights,” he concluded.

Oluwo backs push for Sharia law in South-West

(PUNCH)

Continue Reading

Trending