Fidelity bank card banner Camano banner
Our depots are empty, petroleum marketers cry out

By News Express on 27/12/2017

Views: 1,292

•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

 

 

CLASSIFIED ADS

 

You may also like...
Naira bounces back powerfully, appreciates to N280/dollar

Borno resumes evacuation of IDPs in Adamawa camps...

MTN CEO throws in the towel over jumbo...

323 in police net over election violence

How to survive and remain profitable as a...

Bayelsa University of Medical Sciences gets VC

Teenager docked for hacking bank accounts, stealing N850,000...

Umahi: 55 Garlands for The New Face of...

Okorocha mourns police Ambush Squad Commander, donates to...

Osun Govt. replies PDP on increased cost of...

Court orders interim forfeiture of N329m, houses belonging...

Kaduna Governor throws in the towel, congratulates El-Rufai...

 

Latest News Buratai and the fighting troops How Fulani vigilante will work in South East — Miyetti Allah Chairman Police shortlist candidates for recruitment Boko Haram kills 29 in fresh Borno onslaught Troops eliminate dozens of terrorists, recover weapons Imo: Okorocha, wife carted away 67 vehicles, ADC 5, Task Force alleges JAMB withdraws UTME results of 4 candidates Akpabio parading fake results, INEC tells Akwa Ibom tribunal Niger Delta leaders urge adequate funding of Amnesty Programme, hail Dokubo No going back on August 1 clampdown on number plates violation — FRSC World Bank giving $4bn grants to states ― NGF boss 24 bandits killed in Kaduna, Kano, Niger states

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (499,023 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (427,509 views) Shameless Genevieve Nnaji exposes breasts in public (367,898 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (313,604 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (278,398 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (245,100 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (235,678 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (217,714 views) 10 cars more expensive than Jets (215,623 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (205,910 views) Lagos plane crash: Journalist releases victims’ names (185,797 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (184,864 views)

 

NNPC 2019 National Science Quiz Competition

CBN banner advert

UBA Wise Savers Promo

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (94) Business & Economy (4,328) Business Verdict (75) Columnists (1,057) Complaints & Requests (95) Enterprise & Opportunities (209) Entertainment (627) Features (767) Global Business Monitor (384) ICT Monitor (53) International (3,628) Interview (185) Live Commentary (30) Love Matters (162) Maggie's Blog (314) News (47,847) Opinion (1,268) Pidgin (17) Politics (11,073) Religion (1,033) Sports (2,053) Stock Watch (39) AMA & Al Jazeera Global Update

 

 

 

 

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera