Despite paying N40 billion to the Nigerian National Petroleum Company Limited (NNPCL), the Independent Petroleum Marketers Association of Nigeria (IPMAN) has claimed its members are unable to load gasoline from the Dangote Refinery in Lagos.
Abubakar Garima, the association’s president, stated this on Wednesday, October 30, 2024, while on Sunrise Daily, a Channels Television programme.
Garima said this while responding to the claim by Dangote that marketers were boycotting his refinery to buy imported petrol.
In contrast to what Aliko Dangote, the richest man in Africa claimed, the IPMAN leader stated that his members do not import gasoline.
He clarified that in order to ensure seamless product loading, the private refinery should register independent gasoline marketers directly instead of obtaining Dangote gasoline through the NNPCL.
At his meeting with President Bola Tinubu in Abuja on Tuesday, October 29, 2024, Dangote informed reporters that although he had more than 500 million liters in tanks at his massive refinery, marketers are not patronising his facilities.
But reacting, Garima claimed that despite having over 20,000 members in Nigeria and having paid the NNPCL N40 billion up advance, IPMAN is still unable to load the premium product from the private refinery.
Garima said Nigerians would see a reduction in the pump price of petrol if Dangote Refinery allows independent marketers to lift the product directly like the NNPCL.
The IPMAN president also urged Dangote to check the price of his commodity if marketers importing petrol are boycotting his product.
The IPMAN president said there was nothing wrong if marketers outside his organisation decided to sell imported products but Dangote âshould go and review and check how much are they selling outside.â
TimesNow.com.ng earlier reported that the head of Ghana’s oil regulator stated that once Nigeria’s Dangote Oil Refinery reaches full capacity, Ghana may purchase petroleum products from the plant.
Reuters reported that Mustapha Abdul-Hamid, the chairman of Ghana’s National Petroleum Authority, stated at the OTL Africa Downstream oil conference in Lagos that this may eliminate $400 million in petroleum imports from Europe each month.
Proofreading by James, Ojo Adakole, journalist and copy editor at TimesNow.com.ng.
Source: TimesNow.com.ng