• About Us
  • Education
  • For The Record
  • Opinion
  • Press Releases
  • Contact Us
Sunrise Times
  • Home
  • News
  • Politics
  • Business
  • Energy/Oil & Gas
  • Foreign
  • Health
  • Sports
  • Entertainment
    Afrobeats became Nigeria’s winning team at 2026 FIFA World Cup 

    Afrobeats became Nigeria’s winning team at 2026 FIFA World Cup 

    God gave me a natural gift- Asake 

    God gave me a natural gift- Asake 

    Burna Boy Makes List Of Time Magazine’s 100 Most Influential People 2024

    960 Music sues to thwarts multi-million dollars Burna Boy catalogue

    Edo State Assembly summons Natasha on  viral video with Tuface

    Edo State Assembly summons Natasha on viral video with Tuface

    Fire engulfs Iyabo Ojo’s office in Lagos

    Fire engulfs Iyabo Ojo’s office in Lagos

    Football Meets Entertainment As Super Eagles Captain Host Charity Match

    Football Meets Entertainment As Super Eagles Captain Host Charity Match

  • Interview
  • Feature
  • Gallery
  • Video
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Energy/Oil & Gas
  • Foreign
  • Health
  • Sports
  • Entertainment
    Afrobeats became Nigeria’s winning team at 2026 FIFA World Cup 

    Afrobeats became Nigeria’s winning team at 2026 FIFA World Cup 

    God gave me a natural gift- Asake 

    God gave me a natural gift- Asake 

    Burna Boy Makes List Of Time Magazine’s 100 Most Influential People 2024

    960 Music sues to thwarts multi-million dollars Burna Boy catalogue

    Edo State Assembly summons Natasha on  viral video with Tuface

    Edo State Assembly summons Natasha on viral video with Tuface

    Fire engulfs Iyabo Ojo’s office in Lagos

    Fire engulfs Iyabo Ojo’s office in Lagos

    Football Meets Entertainment As Super Eagles Captain Host Charity Match

    Football Meets Entertainment As Super Eagles Captain Host Charity Match

  • Interview
  • Feature
  • Gallery
  • Video
No Result
View All Result
Sunrise Times
No Result
View All Result

NNPC Suspends Fresh Petrol Orders Over Huge Backlogs

Sunrise Times by Sunrise Times
September 13, 2024
in Business, News
0
NNPC Suspends Fresh Petrol Orders Over Huge Backlogs
0
SHARES
24
VIEWS
Share on FacebookShare on Twitter

As Nigerians battle the persistent fuel crisis, the Nigerian National Petroleum Company has shut its petrol application portal against marketers, suspending fresh orders due to a huge backlog that has not been cleared.

At the moment, marketers said they could not access the portal through which they apply to NNPC for the purchase of petrol.

From our findings marketers usually bid for PMS through the NNPC portal.

According to them, payments will be made through the same channel while the marketer waits for months to get the product.

Recently, officials of the Independent Petroleum Marketers Association of Nigeria, reported that NNPC had stopped loading the trucks of IPMAN members, especially after the recent hike in petrol prices.

IPMAN members operate over 70 per cent of filling stations nationwide.

They expressed concern that the state-owned energy company did not attend to them despite having paid for petrol about two months ago.

This, they said, made them resort to patronising private depots who sell to them at higher rates.

When contacted by the NNPC confirmed the shutdown of its petrol purchasing portal and gave its reasons.

According to its spokesperson, Olufemi Soneye, the company shut the portal due to a significant backlog.

Soneye explained that the shutdown became necessary to stop the NNPC from holding marketers’ capital for too long.

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

He assured the marketers that the portal would be reopened after the backlog had been reduced.

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

PUNCH

Tags: IPMANNNPC LIMITEDOLUFEMI SONEYE
Previous Post

FG Declares Monday A Public Holiday To Mark Eid-Ul-Mawlid

Next Post

China raises retirement age for first time since 1950s

Sunrise Times

Sunrise Times

Next Post
China raises retirement age for first time since 1950s

China raises retirement age for first time since 1950s

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Sunrise Times

We bring you the latest and the best news from around the globe as they happen.

Follow Us

Browse by Category

  • Business
  • Education
  • Energy/Oil & Gas
  • Entertainment
  • Feature
  • For The Record
  • Foreign
  • Gallery
  • Health
  • Interview
  • News
  • Opinion
  • Politics
  • Press Releases
  • Security
  • Sports
  • Video

Recent News

Nigeria Has Everything It Needs to Prosper — Peter Obi

Nigeria Has Everything It Needs to Prosper — Peter Obi

August 25, 2026
Amnesty International: Over 10,200 Killed in Two Years Under Tinubu

Amnesty International: Over 10,200 Killed in Two Years Under Tinubu

August 25, 2026
  • Home
  • News
  • Politics
  • Business
  • Energy/Oil & Gas
  • Foreign
  • Health
  • Sports
  • Entertainment
  • Interview
  • Feature
  • Gallery
  • Video

© 2019 Sunrise Times All Rights reserved

Designed by Codify Solution

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Energy/Oil & Gas
  • Foreign
  • Health
  • Sports
  • Entertainment
  • Interview
  • Feature
  • Gallery
  • Video

© 2019 Sunrise Times All Rights reserved

Designed by Codify Solution