Marketers resort to private depots, shortage hits NNPC

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The Independent Petroleum Marketers Association of Nigeria has disassociated itself from the current scarcity of the Premium Motor Spirit, also known as petrol, which is ravaging the country.

IPMAN, in a statement signed by Ogun State Chairman, Mosinmi Depot, Femi Adelaja, on Sunday, attributed the current scarcity of petrol in Ogun State to the Federal Government and the Nigeria National Petroleum Corporation’s failure to make the products available for its members at affordable prices.

“As we speak, PMS is not available in any of the NNPC’s depots across the country. The few litres being sold to members of the public by our members were secured from the management of private depots in Lagos, which would sell the product to us at exorbitant prices of between N215 and N220 per liter”.

“This implies that for us to dispense the product, which we get from a third-hand to members of the public and also meet up with the other overhead costs including running of the filling stations on generator and payment of staff, we have to sell at the price of N270 per liter which we are selling currently across Ogun State.”

Former Chairman, Major Oil Marketers Association of Nigeria and Chairman/Chief Executive Officer, 11 Plc, Tunji Oyebanji, toldon the sideline of the Institute of Change Management’s lecture and dinner in Lagos over the weekend that the products said to have been imported by the NNPCL were yet to get to the depots and retail stations.

According to Oyebanji, Nigeria would continue to witness recurring fuel scarcity until the Federal Government put a stop to the current product importation being enjoyed by state oil firm, NNPCL.

 

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After consistently claiming there's enough product, this is intentional wickedness

NNPC O NNPC! How long shall we continue like this?

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