Fidelity bank banner Bayelsa State banner
Our depots are empty, petroleum marketers cry out

By News Express on 27/12/2017

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 915

•DAPPMA’s Executive Secretary Olufemi Adewole
•DAPPMA’s Executive Secretary Olufemi Adewole

The Depot and Petroleum Products Marketers Association (DAPPMA) on Tuesday expressed concern over the inability of the Nigerian National Petroleum Corporation (NNPC) to send petrol to its members’ depots.

In a statement in Lagos, DAPPMA’s Executive Secretary, Mr Olufemi Adewole urged NNPC to help the association so as to alleviate the suffering of Nigerians.

“Our members’ depots are presently empty. However, if the PPMC (Pipelines and Product Marketing Company)/NNPC can provide us with petrol, we are ready to do 24-hour loading to alleviate the sufferings of Nigerians, and for the fuel queues to be totally eliminated.

“We, petroleum products marketers, do empathise with all Nigerians who are going through difficulties at this time by spending hours on fuel queues because of the current fuel scarcity due to no fault of theirs.

“DAPPMA members import about 65 percent of the nation’s total fuel consumption, Major Oil Marketers Association of Nigeria (MOMAN) imports about 15 percent and PPMC/NNPC import the balance of 20 percent.

“However this scenario changed drastically due to several challenges faced by marketers," Adewole said.

The DAPPMA official claimed that their members pay PPMC/NNPC in advance for petroleum products.

He said that fully paid-up petrol orders, which had neither been programmed nor loaded, were in excess of 500,000 metric tons (about 800,000,000 litres).

“As at today, there is enough petrol to meet the nation’s needs for 19 days at a daily estimated consumption of 35,000,000 litres.

“Sadly, some people have blamed marketers for hoarding products. Unfortunately, this is far from the truth.

“Hoarding is regarded as economic sabotage and we assure all Nigerians that our members are not involved in such illicit act.

“While all kinds of allegations have been made in the media, it is important to set the records straight as Nigerians first, and as responsible business men and women who employ Nigerians.

“As it stands today, NNPC has been the sole importer of PMS (Premium Motor Spirit) into the country since October,” Adewole said. (Trust)

 

Source News Express

Posted 27/12/2017 05:13:05 AM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

 

You may also like...
Hate speech, hate song

Senate summons Fashola over alleged monumental fraud in...

EU rates South East lowest in Primary Health...

Today’s weather outlook as forecast by NiMET

US, Europe told to impose sanctions on Nigeria...

Study reveals immense potentials of British shale oil,...

Igbos celebrate German-born Biafran hero

Military sacks Boko Haram, recaptures more towns

Islamic scholars caution pilgrims, assure of safer Hajj...

IG spits fire over Okrika shootings, vows to...

INEC blesses APGA National Convention

CSNAC petitions EFCC over multi-million dollars defence contract...

 

Latest News 18-year-old boy rapes 7 Ekiti Varsity students Communications Minister, Adebayo Shittu, in certificate scandal Lawyer ambushes Python Dance 3 in court •Sues Buhari, Buratai, Malami, others Buhari, governors may clash with Tinubu over Ambode Oshiomhole, APC bow to governors, make U-turn on indirect primaries Delta establishes 6 IDP camps •To forward 2019 budget proposals to DTHA soon Southern, Northern leaders express fears over 2019 polls Plateau women protest half naked over military action Businessman sentenced 140 years for forging foreign cheques Stella Oduah dumps APGA, announces return to PDP Have we ever met before? Buhari asks new DSS boss Renewed attack in Nasarawa leaves 7 dead

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (395,081 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (376,058 views) Shameless Genevieve Nnaji exposes breasts in public (307,652 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (250,124 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (231,637 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (221,329 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (199,543 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (181,176 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (165,255 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (163,109 views) Lagos plane crash: Journalist releases victims’ names (157,822 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (146,643 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (62) Business & Economy (3,613) Business Verdict (52) Columnists (932) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (547) Features (652) Global Business Monitor (301) International (2,415) Interview (164) Live Commentary (28) Love Matters (143) News (39,022) Opinion (1,108) Pidgin (11) Politics (6,663) Religion (869) Sports (1,697) Stock Watch (33) AMA & Al Jazeera Global Update

 

CBN banner

Firstmobile banner

 

 

NEWS EXPRESS TV

I am Imo State's New Governor -- Okorocha's son-in-law Uche Nwosu...

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement