News
Petrol Marketers in Nigeria Lament Ghost Buying At Filling Stations.
Petrol marketers across Nigeria have expressed frustration over the issue of “ghost buying” at filling stations, a practice that has disrupted sales and created challenges in fuel distribution. Ghost buying refers to instances where individuals or groups pre-purchase large volumes of petrol but do not immediately collect it, leaving station owners uncertain about stock levels and disrupting regular customer service.
The marketers note that ghost buying has contributed to artificial shortages, as pre-paid fuel reserves appear sold out even when the physical fuel remains on-site. This practice not only misrepresents actual demand but also creates operational headaches for petrol stations, as they struggle to manage stock and serve walk-in customers efficiently.
Industry representatives have called on regulatory bodies to address this issue, emphasizing the need for transparent fuel purchase systems and stricter controls to prevent such practices. According to marketers, ghost buying has also complicated efforts to stabilize fuel prices, as pre-purchased stock often sits idle or is held back to be sold at higher prices when demand spikes.
In conclusion, Nigeria’s petrol marketers are facing a growing problem with ghost buying, which has skewed sales dynamics and complicated inventory management. They call for urgent action from regulators to tackle this issue and promote a more stable, transparent fuel market.
The Oyo State Voluntary Campaigners (OSVC) have accused Primate Elijah Ayodele of using his so-called prophecies to manipulate politicians for personal financial gain. The group was reacting to Ayodele’s latest prophecy, where he claimed that Minister of Power Adebayo Adelabu would not succeed in becoming the Governor of Oyo State in 2027 due to political challenges and rising tension in the state.
According to Ayodele, unrest is building in Oyo, with Muslims preparing for a major political shift and the Oke-Ogun region set to push back against Ibadan’s dominance—making it difficult for Adelabu to win. But OSVC isn’t buying it. In a statement signed by its chairman, Dr. Dele Atiba, the group described the Lagos-based cleric as a spiritual gambler who targets politicians in power with the hope of profiting from them.
They warned that Ayodele’s messages are nothing more than calculated attempts to get the attention of political figures and milk them financially. The group also pointed out inconsistencies in his past prophecies, such as claiming in 2022 that Bola Tinubu would lose the election, only to later endorse him for 2027.
Atiba said if Ayodele continues to spread what they described as blackmail disguised as prophecy, the group would not hesitate to take legal action and expose what they call evidence of manipulation and deceit. He urged the public to be cautious and not fall for what he termed “tricks” disguised as divine messages.
Activist and lawyer Deji Adeyanju has stirred fresh political conversation by referring to Peter Obi, the former Labour Party presidential candidate, as a stumbling block to Atiku Abubakar’s ambitions. Adeyanju believes Obi played a key role in preventing Atiku from winning the 2023 presidential election—and he’s confident history will repeat itself in 2027.
Back in 2019, Atiku and Obi were on the same ticket under the PDP but failed to unseat then-President Muhammadu Buhari. After that loss, Obi parted ways with the PDP and ran for president under the Labour Party in 2023, where he finished third.
Taking to X, Adeyanju shared his blunt view: “Obi is the weapon formed against Atiku. He blocked his path to the presidency before, and he’ll do it again. Stop championing people who won’t even lift a finger for themselves. Don’t overdo it—relax.”
Dangote Petroleum Refinery has lowered the price of Premium Motor Spirit (PMS), or petrol, to N825 per litre, down from N835, as competition heats up in Nigeria’s fuel market.
This follows last month’s price reduction, when the 650,000 barrels per day refinery dropped the price from N865 to N835. The recent price change is aimed at providing more value to customers while strengthening Dangote’s position as a leader in the domestic market.
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