Skip to content

Ova News NG

Ova News NG feed V2

Primary Menu
  • HOME
  • NEWS
  • ENTERTAINMENT
  • SPORTS
  • POLITICS
  • WORLD NEWS
  • LIVE FOOTBALL SCORES
  • Home
  • NEWS
  • Fuel scarcity looms as NNPCL portal closure delays petrol supply
  • NEWS

Fuel scarcity looms as NNPCL portal closure delays petrol supply

9 months ago 2 min read
Share:

Petroleum marketers have raised an alarm that the Nigerian National Petroleum Company Limited, NNPCL, portal used for the purchase of Premium Motor Spirit (Petrol) has been shut down against dealers, making it impossible to apply for the commodity.

The spokesperson of the Independent Petroleum Marketers Association of Nigeria, Chinedu Ukadike disclosed this in a statement on Wednesday.

According to him, marketers have more than 2,000 pending tickets for the purchasing of 45,000 liters of petrol.

He hinted that the situation may lead to another round of fuel scarcity nationwide.

“I can’t confirm the price now because the portal is still shut down.

“We have more than 2,000 tickets for 45,000 liters (of petrol). That is 45,000 multiplied by 2,000, you can now know the number of million liters it will be. This is just an estimate, you know I don’t work with NNPCL and I don’t know what is on their system,” Ukadike stated.

He added that a 45,000-litre truckload of PMS is around N39.5 million, making N79 billion when multiplied by 2,000.

Reacting to the development, the spokesperson of NNPCL, Olufemi Soneye admitted that the state-owned firm has a significant backlog to address.

He said that the portal closure was intended to prevent the company from holding marketers’ funds for an extended period.

Soneye assured that the portal would soon be reopened; however, he failed to state the date when it would happen.

“We have a significant backlog to address. The closure is intended to prevent us from holding marketers’ funds for an extended period,” Soneye had explained.

“It will be reopened once the backlog has been sufficiently reduced. We are working to address it as soon as possible,” he stated.

The development comes as Nigerians struggle with high energy costs.

Recall that NNPCL in September 2024 announced a fresh price increase for petrol nationwide after lifting the product from Dangote Refinery.

Nigerians currently buy petrol between N950 and N1,100 per liter nationwide.

Fuel scarcity looms as NNPCL portal closure delays petrol supply

Facebook Comments Box
Share:

Related:

  • Fraudsters Using Our Name To Defraud Investors, NNPCL Warns
    Fraudsters Using Our Name To Defraud Investors, NNPCL Warns
    NEWS
  • cropped-fb_img_15824808200841041-1.jpg
    Only Peter Obi Can Defeat Tinubu In 2027— Yunusa Tanko
    NEWS
  • MultiChoice Records $45.13m Loss Amid Economic Strain
    MultiChoice Records $45.13m Loss Amid Economic Strain
    NEWS
  • Nigeria Risks Losing $10M World Bank Funds Over Audit, Budget Delays
    Nigeria Risks Losing $10M World Bank Funds Over…
    NEWS
  • cropped-fb_img_15824808200841041-1.jpg
    Nigerians Abandon Freezers, Pressing Irons,…
    NEWS

Continue Reading

Previous: We recovered more than N13bn diverted funds in September 2024 – ICPC
Next: House of Reps Urges Federal Government to Dredge Dams, Implement Flood Control Measures
  • Recent
  • Abia Govt Sign Landmark MoU With UNDP To Boost Economic Growth
    • NEWS

    Abia Govt Sign Landmark MoU With UNDP To Boost Economic Growth

  • What is known about a Russian minister’s death hours after being fired by Putin
    • WORLD NEWS

    What is known about a Russian minister’s death hours after being fired by Putin

  • ‘Mission Is Clear,’ Rhodes-Vivour Says After Meeting Aregbesola
    • NEWS

    ‘Mission Is Clear,’ Rhodes-Vivour Says After Meeting Aregbesola

  • Pedro Scores Brace As Chelsea Reach Club World Cup Final
    • NEWS

    Pedro Scores Brace As Chelsea Reach Club World Cup Final

  • Transfer: Napoli receive €75m offer to sell Osimhen as Galatasaray push for move
    • NEWS

    Transfer: Napoli receive €75m offer to sell Osimhen as Galatasaray push for move

  • I’m afraid of returning to Liverpool – Salah reacts to Jota’s death
    • SPORTS

    I’m afraid of returning to Liverpool – Salah reacts to Jota’s death

  • Reekado Banks raises concerns over music executive exploiting upcoming artists
    • ENTERTAINMENT

    Reekado Banks raises concerns over music executive exploiting upcoming artists

  • Breaking: Court Convicts Natasha Uduaghan Of Contempt, Ordered To Pay N5m
    • NEWS

    Breaking: Court Convicts Natasha Uduaghan Of Contempt, Ordered To Pay N5m

  • I’m no longer sure of marrying my babymama – Singer Reekado Banks makes U-turn
    • ENTERTAINMENT

    I’m no longer sure of marrying my babymama – Singer Reekado Banks makes U-turn

  • Breaking: Court Orders Senate To Recall Suspended Senator Natasha
    • NEWS

    Breaking: Court Orders Senate To Recall Suspended Senator Natasha

  • Abia Govt Sign Landmark MoU With UNDP To Boost Economic Growth
    • NEWS

    Abia Govt Sign Landmark MoU With UNDP To Boost Economic Growth

  • What is known about a Russian minister’s death hours after being fired by Putin
    • WORLD NEWS

    What is known about a Russian minister’s death hours after being fired by Putin

  • ‘Mission Is Clear,’ Rhodes-Vivour Says After Meeting Aregbesola
    • NEWS

    ‘Mission Is Clear,’ Rhodes-Vivour Says After Meeting Aregbesola

  • Pedro Scores Brace As Chelsea Reach Club World Cup Final
    • NEWS

    Pedro Scores Brace As Chelsea Reach Club World Cup Final

  • Transfer: Napoli receive €75m offer to sell Osimhen as Galatasaray push for move
    • NEWS

    Transfer: Napoli receive €75m offer to sell Osimhen as Galatasaray push for move

SECTIONS

  • ENTERTAINMENT
  • NEWS
  • POLITICS
  • SPORTS
  • WORLD NEWS

Get all Latest Ova News Feeds on the Go! 👋

Sign up to receive all Our latest News content Recap in your inbox every weekend.

We don’t spam! Read our privacy policy for more info.

Check your inbox or spam folder to confirm your subscription.

Quick Links

  • News
  • Entertainment
  • Live Football Scores
  • Premier League Scores

Legal

  • Terms of Use
  • Privacy Policy

Connect with Us

  • Contact Us
  • Advertise
Copyright © 2025 Ova News Network | Created by Ben Ova O. | All Rights Reserved.
pixel