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Major Petroleum marketers have commenced lifting of petrol from Dangote refinery.
The marketers were authorized by NNPCL based on the agreement which made the NNPCL the sole distributor of Dangote refinery.
However, report has it that independent marketers, were not part of the arrangement.
IPMAN president Alhaji Abubakar Garima, confirmed that only NNPCL has access to Dangote fuel, which are majorly discharged at NNPCL retail outlets.
He stated that “Independent marketers are waiting for NNPCL to give the new price of the petroleum products in order to lift from them. We load at the old rate of N875 per litre as most of our members have outstanding stock with NNPCL; we were told that they will be cleared this week.”
Marketers at this point are considering importing their product as NNPCL has a deal that make them the sole off-taker of Dangote refinery fuel, therefore asking the Federal Government to open up the industry for all players. This was confirmed by Chief Chinedu Ukadike, the IPMAn public relations officer.
He stated that “Independent marketers are waiting for NNPCL to give the new price of the petroleum products in order to lift from them. We load at the old rate of N875 per litre as most of our members have outstanding stock with NNPCL; we were told that they will be cleared this week.”
“We are asking Dangote to sell to us at the same price as NNPC. We don’t understand why he has to depend solely on NNPC to distribute its product when he has other willing buyers.
“We are also looking at importing to keep our business. We are also asking the Federal Government also to hand over the Port Harcourt Refinery to independent marketers. We will engage capable people to manage it. That is the only panacea to this problem”, he added.
In a remark concerning product lifting arrangement, the Chief Executive Officer, Centre for the Promotion of Private Enterprise, Dr. Muda Yusuf, said: “Well, ordinarily, this should be a good development, but, we need more information. We need to know the framework under which they are lifting. We need to know the pricing framework and other details, including the involvement of NNPC.”
