Fidelity bank banner UBA 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: 1,073

•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...
Ekwueme was a man for Nigeria and all...

Stringent conditions stall access to N220bn MSMEs fund...

General Ransome-Kuti bags jail term for losing equipment...

2019: Direct primaries tear APC apart

CAN condemns forced marriage of schoolgirls in the...

Union Bank pays N46.28m fines for contraventions in...

RIGHTSView: Senator Ekweremadu’s parliamentary diplomacy

Buhari jets out to Egypt tomorrow

Breaking: Mystery fire blazes at Uyo filling station...

FG assures international community on plan for steady...

Civil Defence arrests suspected 11 oil thieves, destroys...

Ugwuanyi, Okonkwo to lead discussions at Brand Writers...

 

Latest News Bribery deals stall sale of $1.5b Nigerian oil fields No Diaspora or out-of-country voting in 2019 ― INEC Governor’s aide arrested over alleged rape of 15-year-old girl 2019: INEC, Presidency plotting to rig through illegal polling centres in Chad, Niger: PDP Delayed 2019 Budget: Reps demand apology from minister over alleged comments APC postpones governorship campaign in Kwara over insecurity 2019: We have not endorsed any candidates, says CAN Minimum wage: Work in top gear for early implementation — SGF Fidelity Bank at 2018 Intra African Trade Fair in Egypt LASU will get Faculty of Pharmacy if I’m elected Lagos Governor — Sanwo-Olu 2019: Don’t endanger the lives of citizens, Abdulsalami warns politicians Africa turns battlefield as US moves to counter China, Russia

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (430,033 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (394,923 views) Shameless Genevieve Nnaji exposes breasts in public (327,801 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (281,222 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (247,903 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (229,310 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (212,171 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (193,357 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (179,674 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (170,512 views) Lagos plane crash: Journalist releases victims’ names (167,274 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (153,743 views)

 

Zenith Zero Balance First Bank chat banking

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (76) Business & Economy (3,878) Business Verdict (54) Columnists (973) Complaints & Requests (95) Enterprise & Opportunities (208) Entertainment (575) Features (679) Global Business Monitor (313) International (2,822) Interview (167) Live Commentary (28) Love Matters (147) Maggie's Blog (69) News (41,404) Opinion (1,152) Pidgin (13) Politics (8,168) Religion (915) Sports (1,818) Stock Watch (35) AMA & Al Jazeera Global Update

 

 

 

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera