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Fuel prices reduce as NNPC opens portal for direct supply to marketers
By Mario Deepromoter
The pump price of fuel has reduced from N1300.00 and N1350.00 to between N1200.00 and N1150.00 in Abia, following the Nigeria National Petroleum Company opening its portal for direct requests and payments for fuel from members of the Independent Petroleum Marketers Association of Nigeria.
The fuel situation monitored in Abia indicates that some petroleum marketers in Aba and Umuahia have started lifting fuel directly from the NNPC, thereby making the price of the product come down.
In an interview on Monday, the Executive Chairman of the IPMAN Aba branch, Mazi Oliver Okolo, explained the reason for the reduction in price, stating, “The supply flow from the NNPC has improved and we believe that it will go down further.
“As at last Saturday, NNPC opened their portal for us to request, which we have requested and also paid. We are believing that by next week, they (NNPC) will start supplying and as soon as they start supplying, the prices of the products will go further low”.
“It is about supply and distribution chain which is direct from NNPC. Again, the only way to reduce the price of fuel to the barest minimum is when the hinterland depots like Aba start working.”
According to him, the NNPC, the state government and the federal government can join hands with IPMAN and get the products to the Aba depot, whether imported or refined at the Port Harcourt refinery.
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He added, “I can assure you that fuel will be sold at about N900.00 and below N1000.00 (per litre).
“Once PMS (fuel) is supplied to us directly from NNPC, I can assure you the product will be sold at a reasonable price with a reasonable margin.
“Again, we are also appealing to the state government, NNPC and the federal government to see how they can bring the products to Aba depot, and also fix the road going to the depot.
“If you factor in all these, you will see that the product will not only be available but will also be affordable.”
Okolo regretted that part of the challenges IPMAN members are facing is that the capital base of most of the marketers have gone low with the high cost of sourcing fuel through third parties.
He thanked the state governor, Alex Otti, for awarding the contract for the rehabilitation of the Osisioma-NNPC-Ekeakpara road, adding that is a federal government road.
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Troost-Ekong dismisses retirement talks
By Kayode Sanni-Arewa
Super Eagles captain William Troost-Ekong has vehemently dismissed any talk of retirement amid rumours that the Al-Kholood defender may quit the national team after the 2025 Africa Cup of Nations in Morocco.
Despite being just 31 years old, Troost-Ekong is the oldest player in the team, with Moses Simon (29) the second oldest, while Alex Iwobi, who is 28, is the third oldest player in the current squad.
Speaking at a press briefing on Sunday ahead of Monday’s (today) Africa Cup of Nations qualifier against Rwanda at the Godswill Akpabio Stadium in Uyo, Troost-Ekong, who was named the Most Valuable Player at the last AFCON in Ivory Coast, affirmed his commitment to the national team.
“It is a question I get asked a lot by Nigerians, but I think it is a bit too early,” he said.
He continued, “I am 31 now, and I think I am playing my best football in recent years. We are only talking about 12 months from now, so after that, we will see,” Troost-Ekong explained.
“It will not be my decision; it will be up to the coaches. Once I feel I am no longer an asset to the team, I will have that discussion.
“But I still have some targets in sight—that will be the AFCON in 2025 and the World Cup in 2026. We’ll see what happens afterwards.”
Troost-Ekong could add to his 75 international caps when the Eagles host the Amavubi today in their final game of the qualifiers.
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