MARKETERS Archives - Voice of Liberty NG

Marketers worsen economic hardship over fuel, gas prices hike

October 21, 2025October 21, 2025 Aminu Imam

Nigeria’s downstream petroleum sector is currently under siege from powerful oil cartels taking advantage of a temporary disruption in the supply of petrol and Liquefied Petroleum Gas (cooking gas) to the Nigerian market to inflate prices, findings have revealed. Many marketers, including filling stations and tank farm owners, checks revealed, have created artificial scarcity in an attempt to make huge profit from the limited products supplied into the market by Ɗangote Refinery, which has been battling to repair some faulty parts of the plant that have prevented it from attaining…

Marketers protest, as Ɗangote moves to crash cooking gas price

July 17, 2025July 17, 2025 Aminu Imam

Recent reports indicate that marketers in the cooking gas (LPG) sector are protesting Aliko Ɗangote’s plans to significantly reduce the price of cooking gas in Nigeria. President of Ɗangote Group, Aliko Ɗangote, has unveiled plans to slash the price of Liquefied Petroleum Gas (LPG), popularly known as cooking gas, with a threat to bypass distributors and sell directly to consumers if resistance persists. The announcement, made during a recent tour of the Ɗangote Refinery by a delegation from Lagos Business School’s CGEO Africa and other local and international guests, has…

Power Outage: Filling Stations reduce hours of fuel sell in Kaduna due to high diesel consumption

October 30, 2024October 30, 2024 Abdul-Azeez Ahmed Kadir

Major oil marketers in Kaduna metropolis and environs have drastically reduced their hours of operations as a result of high consumption of diesel which they utilised to service the motoring public. This has led to queues by motorists who have to buy within the limited time in the filling stations across the state, despite the availability of the products in some of the stations. A visit by Voice of Liberty to some of the major stations saw some selling for between 6 and 8 hours, then shut down to sell…

Marketers distribute 25m litres of ?angote diesel

June 17, 2024June 17, 2024 Aminu Imam

Independent marketers have lifted and distributed over 25 million litres of Automotive Gas Oil, (AGO), popularly called diesel, produced by the ?angote Petroleum Refinery in less than three months after the plant started releasing AGO to the market. It was also gathered on Saturday that the registration of oil marketers with the $20bn firm was still on-going, as more dealers register with the plant ahead of its readiness to push out Premium Motor Spirit, otherwise known as petrol, into the domestic market in July. The Independent Petroleum Marketers Association of…

Nigerians to pay N1, 500/kg for cooking gas, as depot price hits N16 m/20MT – Marketers

October 25, 2023October 25, 2023 Aminu Imam

The National Association of Liquefied Petroleum Gas Marketers (NALPGAM) has urged Nigerians to brace themselves for the reality of filling a 1-kilogram cylinder of Liquefied Petroleum Gas (cooking gas) at a rate between N1, 200 and N1, 500. The marketers disclosed that major suppliers, deport and terminal owners have increased 20 Metric Tonnes (20MT) of the product from around N14 million to N16 million price despite lifting at N8.3 million/20MT from Nigerian Liquefied Natural Gas (NLNG). The association’s president, Oladapo Olatunbosun, raised this alarm during a courtesy visit to the…

12.5kg cooking gas price may hit N18, 000 by December � Marketers

September 19, 2023September 19, 2023 Aminu Imam

Gas retailers have issued a warning that the cost of a 12.5kg cooking gas cylinder could reach N18, 000 by December if the Federal Government does not take steps to regulate the activities of terminal owners. President of the Nigerian Association of Liquefied Petroleum Gas Marketers, Olatunbosun Oladapo, revealed that the price of cooking gas, also known as Liquefied Petroleum Gas, (LPG), has significantly skyrocketed at terminals. The sudden development has led to prices rising from about N9-N10 million per 20 metric tons to N14 million per 20 metric tons.…

‘Diesel price may hit N1,500/litre, 75% of filling stations closed’ � Marketers

June 16, 2022June 16, 2022 Aminu Imam

Nigerian oil marketers have lamented that about 75 percent of filling stations across the country are currently out of business due to their inability to purchase the diesel required to power their tankers and transport Premium Motor Spirit, popularly called petrol, to their various outlets. Marketers, who stated this to newsmen yesterday, also stated that the cost of diesel would keep increasing and might hit N1,500/litre in the next two weeks if nothing drastic was done to curtail the current challenge faced by importers of the deregulated commodity. Dealers under…

Petroleum products marketers have no plan to go on strike � President

June 28, 2021June 28, 2021 Abdul-Azeez Ahmed Kadir

The Independent Petroleum Marketers Association of Nigeria (IPMAN) is neither planning to go on strike nor planning to shut fuel stations nationwide, its National President, Alhaji Sanusi Fari, said on Monday. He said in a statement issued in Awka and signed by the association�s National Secretary, Mr Chidi Nnubia, that the public should dismiss any information regarding the planned strike. The association�s National Public Relation Officer, Alhaji Yakubu Suleiman, had threatened in Abuja on Monday that IPMAN would go on strike and shut fuel stations nationwide beginning from Tuesday because…