L
LequteMan
Guest
Nigeria - There are indications that the fuel in circulation in the country is mostly supplied by the PPMC, an arm of the NNPC.
If this trend continue, the Major oil Marketers Association of Nigeria, MOMAN's hold on the country could be coming to an end.
According to Daily Independent, the Nigerian National Petroleum Corporation (NNPC), yesterday said it has enough stock to last 25 days at the daily consumption rate.
An independent oil marketer says the Pipeline and Products Marketing Company (PPMC), an arm of the NNPC, a few days ago imported about 30 million metric tons of fuel.
This, he noted, was discharged into all the depots in Apapa, just as two vessels of between 20 to 25 million metric tons capacity each are now discharging at the ports. This, he added, is an assurance that the product will be available and enough to stem the scarcity being experienced.
Nigeria currently has a daily fuel consumption need of 40million litres.
According to him the PPMC “brought in more fuel during the tanker drivers strike. All the depots that received the fuel are now loading at full capacity. We even agreed that they should be doing 24 hours loading.”
"Except if PPMC can continue to bring in fuel I cannot say how long this one would last. Because, as PPMC is bringing in fuel, major marketers and members of DAPPMA are also supposed to be bringing in fuel. But both major marketers and members of DAPPMA cannot import fuel now, because we have not been paid the money the government owed us.”
NNPC’s spokesman, Ohi Alegbe said NNPC's in the agreement signed on Monday, is ensuring that its staff work 24 hours to ensure that shortage in petrol distribution is checked.
He said the major marketers agreed to bring in products to complement the efforts of the NNPC, while other agencies and groups like the Department of Petroleum Resources (DPR), road transport owners and depot operators were mandated to begin operations immediately.
#Nigeria #NNPC #MOMAN
If this trend continue, the Major oil Marketers Association of Nigeria, MOMAN's hold on the country could be coming to an end.
According to Daily Independent, the Nigerian National Petroleum Corporation (NNPC), yesterday said it has enough stock to last 25 days at the daily consumption rate.
An independent oil marketer says the Pipeline and Products Marketing Company (PPMC), an arm of the NNPC, a few days ago imported about 30 million metric tons of fuel.
This, he noted, was discharged into all the depots in Apapa, just as two vessels of between 20 to 25 million metric tons capacity each are now discharging at the ports. This, he added, is an assurance that the product will be available and enough to stem the scarcity being experienced.
Nigeria currently has a daily fuel consumption need of 40million litres.
According to him the PPMC “brought in more fuel during the tanker drivers strike. All the depots that received the fuel are now loading at full capacity. We even agreed that they should be doing 24 hours loading.”
"Except if PPMC can continue to bring in fuel I cannot say how long this one would last. Because, as PPMC is bringing in fuel, major marketers and members of DAPPMA are also supposed to be bringing in fuel. But both major marketers and members of DAPPMA cannot import fuel now, because we have not been paid the money the government owed us.”
NNPC’s spokesman, Ohi Alegbe said NNPC's in the agreement signed on Monday, is ensuring that its staff work 24 hours to ensure that shortage in petrol distribution is checked.
He said the major marketers agreed to bring in products to complement the efforts of the NNPC, while other agencies and groups like the Department of Petroleum Resources (DPR), road transport owners and depot operators were mandated to begin operations immediately.
#Nigeria #NNPC #MOMAN