National News
N195/Per Litre’ Independent Marketers To Shut Down Filling Stations Nationwide Monday

N195/Per Litre’ Independent Marketers To Shut Down Filling Stations Nationwide Monday
Independent marketers of Premium Motor Spirit, popularly called petrol, are getting set to shut down operations beginning from Monday once the government starts the enforcement of N195/litre pump price.
It was gathered on Saturday that the Nigerian National Petroleum Company Limited, Major Oil Marketers Association of Nigeria, Depot and Petroleum Products Marketers Association of Nigeria, Independent Petroleum Marketers Association of Nigeria, security agencies and the downstream regulator had all agreed that petrol be sold at N195/litre.
Oil marketers said the agreement was reached at a meeting in Abuja on Tuesday, as participants resolved that beginning from Monday, February 6, 2023, the pump price of petrol should not exceed N195/litre, a development which dealers, particularly independent marketers, described as tough due to the high ex-depot price of the commodity.
They told our correspondent that to avoid having their outlets sanctioned, many filling stations operated by independent marketers would be shut from Monday as it made no business sense to sell a product lower than the cost price.
This is likely to further prolong the petrol scarcity and queues in many parts of the country as independent marketers control about 80 per cent of filling stations nationwide.
IPMAN’s National President, Debo Ahmed, told journalists that the approved ex-depot price of petrol was recently raised from N148/litre by the NNPCL to N172/litre, but depots hardly dispense the commodity at this cost.
Ahmed, who was reacting to the notice to members issued by the Public Relations Officer, IPMAN Ibadan Depot branch, Mojeed Adesope, stated that marketers were advised to sell the product in stock now before the enforcement begins on Monday.
In the memo, which was sighted on Saturday, Adesope said, “The top management of NNPC, other relevant authorities in the downstream sector of the economy as well as all the security agents in the country met at on Tuesday, January 31, 2023 to begin the enforcement of pump price of PMS at N195/litre at all the filling stations across the country with Immediate effect.
“Towards that end, enforcement will commence effective from Monday, February 6, 2023 to enable you to dispose of all your remaining stock on or before the enforcement date.
“Members are hereby implored not to purchase products that they would not be able to dispense at N195/litre. The above information should be given wider spread/circulation in order not to get any member caught unawares. You are strongly advised to heed this information.”
Commenting on this, the national president of IPMAN said the information was in order as he urged other independent marketers to take note.
Ahmed stated, “The information is in order, because the depots that the NNPC gives products to are selling at a higher price, and IPMAN members will not like to leave their stations idle. And to avoid sanctions, it is better to close your station.
“So what is going to happen in essence is that marketers have to buy products using the NNPCL loading tickets, and if they don’t have the tickets, all they have to do is to close down their stations. You have to buy from the NNPCL in order to sell at the government regulated price.”
He said the NNPCL was the only importer and it often gave the product to DAPPMAN to sell to IPMAN members at a regulated rate.
Ahmed added, “They also give the product to MOMAN to sell through the stations of major marketers, but DAPPMAN has to sell to independent marketers because independent marketers do not have depots.
“The 21 NNPCL depots across the country that we rely on before now are all moribund and not working. So right now, we depend on DAPPMAN depots to get our products at the price approved by the NNPCL.
“But most times, DAPPMAN would increase their price and when you buy from them at such a high price, there is no way you are going to sell at a lower price. So, that memo is telling marketers that if they cannot get the NNPCL product to buy at the controlled price, they better not sell to avoid having their stations sealed.”
When asked for the approved price that the government, through the NNPCL, had asked depot owners to sell, Ahmed replied, “In fact, there is a lot of confusion.
“As of today, we are supposed to buy at N172/litre from the NNPCL designated depots run by DAPPMAN. But if you get there at times, you don’t buy at that price; rather, you buy at higher rates.
“Before it was N148/litre, but all of a sudden, the NNPCL just did what it did and increased the price to N172/litre, which was why they said the retail price should now be N185/litre.”
He explained that the N172 ex-depot price was without the cost of conveying petrol to wherever the marketer was taking the product to.
“If you are taking it further than 400 kilometres from the place of purchase, you are going to get the bridging claims or price equalisation. But if you are taking it within 120 kilometres or around that distance, you will get some little allowance to make you sell at a controlled price.
“But, the truth is that we don’t get the product at the controlled price of N172, which is why you see a lot of areas where they sell at higher prices.
“However, for MOMAN, because they get it at the controlled price, they take it from their depots to their stations and sell it at lower prices compared to independent marketers. Mind you, independent marketers control about 80 per cent of retail outlets in Nigeria.”
In Lagos, most of the outlets that sold the product on Saturday had long queues of desperate motorists, with some selling for between N280 and N350 per litre.
A similar situation was prevalent in Ogun State, where motorists struggled to get petrol from the few filling stations that had the product. Some stations on the Lagos-Ibadan Expressway sold the product for between N320 and N380 per litre.
A commercial motorist, Idris Adewale, said he had banked on getting petrol at the Nipco filling station at Magboro for N195 per litre, but was disappointed to discover that the station was under lock and key. He also claimed that the Rainoil station at Ibafo did not sell the product and he only succeeded in filling his vehicle’s tank before the Sagamu interchange for N340 per litre.
A desperate motorist, Nnamdi Goodman, claimed to have bought 10 litres for N7,000 on Airport Road in Lagos on Saturday.
On Thursday, the Chief Executive, Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed, and the Group Chief Executive Officer, NNPC Limited, Mele Kyari, disclosed that several measures were being taken to enforce the approved price of petrol and to stop the diversion of the product.
The NMDPRA boss, while speaking on sanctions against downstream operators who flouted the approved regulations, stated that over 270 filling stations and seven depots had been closed down.
“On top of shutting the depots, we also shut down over 270 retail outlets. We are doing our work and this has brought some respite in some areas,” Ahmed stated.
On his part, Kyari said the Federal Government was now deploying operatives of the Department of State Services to monitor tankers conveying petrol to filling stations in order to halt the diversion and smuggling of the product.
He stated that already, over 120 DSS officers had been deployed to follow fuel tankers to the various retail outlets in Abuja, as more security agencies were being drafted for the exercise for nationwide coverage.
“So much is going on; there are government security interventions. I know the kind of work that we do with the security agencies; for instance, in Abuja alone, we have over 120 DSS officers following every truck to fuel stations and we are activating this across the country,” Kyari said.
Meanwhile, the Chairman, IPMAN, Enugu Depot Community in charge of Anambra, Ebonyi and Enugu states, Mr Chinedu Anyaso, has said the prevailing shortage in the supply of PMS in the South-East may not end soon because of the challenges facing marketers in procuring the product.
He said this in an interview with the News Agency of Nigeria in Awka on Saturday.
NAN reports that petrol now sells for between N400 and N450 per litre and between N500 and N600 in the black market in Akwa, Anambra State.
As of Saturday, most filling stations in the city were closed for lack of petrol, while the few that had the product were selling at very high prices with long queues of motorists.
Anyaso said the quantity of the product coming to the South-East had reduced by more than 50 per cent compared to the supply in normal time.
According to him, at the moment, nothing suggests the easing of the problems as some of the marketers have yet to get supplies they paid for over a month ago, except the Federal Government takes a drastic action to flood the country with the product.
Anyaso stated, “Our members, who got NNPC allocation last year, paid for the product since December, up till now they have not received their supply; rather, they asked them to pay additional money for which most of them made overdraft of between N1.4m and N1.6m.
“As you can see, most filling stations in the zone have shut down because they can no longer source petrol normally, those that have, pay through their nose to get it; that is why there are abnormal rates because they have to recover their cost and make some profits.
“It is impossible for the authorities to enforce price now; our people are making extra effort to ensure that we have the product to buy even if it is expensive.”
Anyaso said in addition to the hardship the people were facing as a result of scarcity and high prices, thousands of workers stood to lose their jobs if the problems persisted as no marketer would continue to pay workers when they were not in business.
N195/Per Litre’ Independent Marketers To Shut Down Filling Stations Nationwide Monday
National News
APC Affirms One-China Principle, Lauds Nigeria-China Partnership

APC Affirms One-China Principle, Lauds Nigeria-China Partnership
By: Michael Mike
The ruling All Progressives Congress (APC) has affirmed its unwavering commitment to the one-China principle, recognising Taiwan as an integral part of the People’s Republic of China (PRC).
Speaking in an interview in Abuja on Wednesday, the APC National Vice-Chairman (North-East), Comrade Mustapha Salihu, said the party is in full alignment with the federal government’s diplomatic stance.
He said: “Nigeria is unequivocally committed to the One-China Principle. Consequently, the policies and principles of the APC will mirror those of our federal government in diplomatic matters.
“China is a significant partner for our nation; they regard us as equals rather than a lesser nation. This perspective fosters a relationship of mutual progress. Therefore, it is wise for the government to support the one-China principle.”
Salihu reiterated the APC’s firm support for the government’s diplomatic policies, stating, “As a party, we stand resolutely behind the one-China principle.”
He praised the positive outcomes of Nigeria-China diplomatic relations, particularly in trade, investment, and infrastructural development.
He said: “Our partnership with China has yielded substantial results. We have witnessed the construction of extensive roads, bridges, and railways by Chinese companies, with counterpart funding from the Chinese government.
“In addition, projects such as the Ajaokuta-Kaduna-Kano (AKK) natural gas pipeline and various free trade zones in Nigeria have been funded, in whole or in part, by Chinese institutions. Chinese enterprises are eager to establish factories and businesses in Nigeria, and many are already contributing to our economy,” he noted.
He attributed the influx of foreign investment in Nigeria to the APC administration’s business-friendly policies, including amendments to the Companies and Allied Matters Act, which have streamlined processes for investors.
He expressed the party’s readiness to strengthen ties with the Communist Party of China (CPC) through collaboration in cultural exchange, trade, education, and human capital development.
He said: “We are dedicated to fostering mutual growth and reinforcing our historic partnership.”
APC Affirms One-China Principle, Lauds Nigeria-China Partnership
National News
VP Shettima Departs For Taraba Investment Summit

VP Shettima Departs For Taraba Investment Summit
By: Our Reporter
Vice President Kashim Shettima has departed the Nnamdi Azikiwe International Airport, Abuja, for Jalingo, Taraba State, to represent President Bola Ahmed Tinubu at the Taraba International Investment Summit 2025.
The summit, themed “Unlocking Taraba’s Investment Potentials – Advancing Agriculture, Energy, Mining and Industrialisation (AEMI) for Sustainable Growth and Development,” is taking place today in the state capital. VP Shettima is also scheduled to commission several key development projects during his visit to the state.
The Vice President is accompanied by Senator David Jimkuta, representing Taraba South Senatorial District; Senator Emmanuel Bwacha, former Deputy Senate Minority Leader; Hon. David Abel Fuoh, member representing Sardauna/Kurmi/Gashaka Federal Constituency; Hon. Prince Ayuba Zaku Dampar, member representing Ibi/Wukari Federal Constituency; Hon. Mohammed Abdullahi; H.E. Uba Maigari, Minister of State for Regional Development and Aisha Rimi, Executive Secretary, Nigerian Investment Promotion Commission (NIPC).
The Taraba International Investment Summit is expected to showcase the state’s vast agricultural, energy, and mineral resources to potential investors from across Nigeria and abroad, aligning with President Tinubu’s vision of expanding economic opportunities beyond major urban centres to include all parts of the country.
VP Shettima Departs For Taraba Investment Summit
National News
ActionAid Study Shows Nigeria, Five Other African Countries Have Workers Struggling for Essentials

ActionAid Study Shows Nigeria, Five Other African Countries Have Workers Struggling for Essentials
By: Michael Mike
A new study by ActionAid has revealed that deep cuts to public spending in education and health across six African countries including Nigeria have seen workers struggling to afford essentials like food and resulted in overcrowded classrooms and failing healthcare.
Published on Tuesday, the Human Cost of Public Sector Cuts in Africa surveyed over 600 healthcare workers, teachers and community members in Ethiopia, Ghana, Kenya, Liberia, Malawi, and Nigeria. The study highlights that teachers’ salaries have plummeted by between 10% and 50% over the past 5 years, with an alarming 97% of health workers reporting insufficient wages for basic needs like rent, food and household expenses.
The study painted a bleak picture of failing public systems – especially for women and girls. It showed how governments’ inadequate investments in education and health sectors have left workers struggling to make ends meet and communities failing to access quality public services.
ActionAid said the International Monetary Fund (IMF) is to blame for its advice to governments to cut spending on public services in order to service foreign debts. With the accelerating debt crisis in the Global South, over three-quarters of all low-income countries in the world are spending more on debt servicing than they spend
on health.
The Country Director of ActionAid Nigeria Andrew Mamedu, said: “The debt crisis and the IMF’s insistence on cuts to public services in favour of foreign debt repayments have severely hindered investments in healthcare and education across Africa. For example, in 2024,
Nigeria allocated only 4% of its national revenue to health, while a staggering 20.1% went toward repaying foreign debt.
“This is not only absurd but unsustainable in the long run. The time for change is now. Governments must shift from unsustainable economic policies based on cuts and debt repayments to those that prioritise human
rights. The lives of millions depend on it.”
Governance Specialist, ActionAid Nigeria, Judith Gbagidi, said: “Behind every budget cut is a woman frontline worker picking up the pieces by teaching without materials,
healing without medicine, and caring without rest. The IMF’s austerity playbook is not just a financial strategy; it’s a human rights failure. We urgently need to mobilise political will to prioritise people over
payments and restore dignity to Africa’s public workforce.”
The research highlights how insufficient budgets in the healthcare system have led to chronic shortages and a decline in service quality. Community members in all six countries revealed deep dissatisfaction with the public healthcare system and noted rising costs of services, shortage of healthcare workers, and poor infrastructure.
What’s also clear is the disproportionate impact on women, as Maria, a healthcare worker from Kenya, explained:
“In the past month, I have witnessed four women giving birth at home due to unaffordable hospital fees. The community is forced to seek vaccines and immunisation in private hospitals since they are not
available in public hospitals. Our [local] health services are limited in terms of catering for pregnant and lactating women, as a result, most women must seek services in Mombasa, which is expensive.”
Medicines for malaria are now ten times more expensive at private facilities. Long travel distances, rising fees and a dwindling medical workforce are leaving millions without healthcare as Marym, a community member from Muyakela Kebele, Ethiopia, reveals: “Now malaria is an epidemic in our area [because medication is now beyond the reach of many]. Five years ago, we could buy [antimalarial medication] for 50 birrs (USD 0.4), but now it costs more than 500 birr (USD 4) in private health centres.”
Rose, a community member from Taita Taveta in Kenya, said: “We are referred for diagnosis tests 40 km away from the [local] dispensary. Doctor’s consultation has [doubled] at the referral hospital, making it difficult for the community to access services.”
In education, the toll is equally severe. Budget cuts have resulted in failing public education systems crippled by rising costs, a dire shortage of learning materials and overcrowded classrooms. Some 87% of teachers said they lacked basic classroom materials, with 73% shelling out for equipment themselves. Meanwhile, teachers’ incomes are falling: 84% of teachers surveyed reported a drop in real income of between 10 and 50% over the
past five years. “I now believe teaching is the least valued profession. With over 200 students in my class and inadequate
teaching and learning materials, delivering quality education is nearly impossible. Monitoring individual performance and supporting struggling students has become a daunting task,” said Maluwa, a primary
school teacher in Malawi’s Rumphi District.
Four of the six countries covered by the research are spending less than the recommended one-fifth of the
national budget on education and exceeds the ratio of one teacher per 30 pupils, as reported by the UNESCO Institute for Statistics.
Kasor, a teacher from Liberia, with 80 pupils in his class, said: “The ministry doesn’t provide teaching aids or textbooks. I feel stressed and hopeless. We need better infrastructure and resources to cope with these changes.” On a personal level, due to reduced income, Kasor said, “I often struggle to put enough food on the table.”
The research shows that the consequences of these policies are multi-faceted and far-reaching. Workers are stretched beyond their limits and communities’ fundamental rights to healthcare and education are severely impacted. Governments and the IMF must work to reverse this damaging trend of cuts to essential services
while prioritising debt repayment.
the Global Economic Justice Lead at ActionAid International, Roos Saalbrink, said: “The debt crisis and drive for austerity is amplified for countries in the Global South and low-income countries, especially due to an unfair global economic system held in place by outdated institutions, such
as the IMF.
“This means the burden of debt falls on those most marginalised – once again. This must end. She added: “It’s crucial that governments agree on new international rules on global economic governance that shift important decisions away from the IMF and towards democratic institutions, such as the United Nations, to shape a fair and inclusive global economy for all.”
ActionAid called on education and health ministries to work with finance ministries to allocate sufficient resources to meet global benchmarks, ensure fair remuneration for workers, and improve infrastructure to
deliver quality services.
It said additionally, governments should explore fair and just ways of raising income, such as progressive taxation, rather than imposing spending cuts to essential public services.
ActionAid Study Shows Nigeria, Five Other African Countries Have Workers Struggling for Essentials
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