Monday, December 23, 2024

IPMAN can’t lift petrol without NNPC approval – Dangote refinery

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The Dangote Petroleum Refinery says it has not received authorisation from the Nigerian National Petroleum Company Limited to supply Premium Motor Spirit, popularly called petrol, to members of the Independent Petroleum Marketers Association of Nigeria.

It announced this on Thursday as oil dealers under the aegis of the Petroleum Retail Outlet Owners Association of Nigeria demanded the refinery to release its PMS price, stressing that its silence on this matter had dragged on for so long.

Read Also:‘Concocted propaganda’, Rivers Govt reacts to report of shutting down NNPCL

On Wednesday, IPMAN’s National President, Abubakar Maigandi, said his members had gone to the Lekki-based refinery but could not lift petrol for almost four days.

Maigandi was reacting to Tuesday’s comment by the President of Dangote Group, Alhaji Aliko Dangote, that the facility has over 500 million litres of petrol but marketers were nowhere to be found.

Maigandi had said, “If the refinery truly has 500 million litres, then there should be no reason our members couldn’t load after four days. We’re willing to buy the product directly if the refinery is ready to sell to us, but for now, our members can’t access it even after paying.”

The National President of PETROAN, Billy Gillis-Harry, corroborated the position of his IPMAN counterpart, stressing that petrol retailers had approached the refinery on the need to load products but this never worked.

“We have listened to him (Dangote) and as far as I’m concerned what he said is very strange to my hearing. PETROAN had written to him since 2022, we wanted to have a business meeting with him and understand the business dynamics but no way up till now,” Gillis-Harry told one of our correspondents.

“We advise IPMAN to register with us and make direct payment as we have more than enough petroleum products to satisfy the needs of their members,“ the company stated.

It further advised stakeholders to refrain from making what it called unfounded statements in the media.

“Furthermore, we believe it is instructive for all stakeholders to refrain from making unfounded statements in the media, as that could undermine the economic re-engineering efforts of President Bola Tinubu. Conducting business through public speculation is counterproductive and unpatriotic.

“In the interest of our country, we encourage all stakeholders to collaborate and heed the advice of President Tinubu, while promoting a unified approach, rather than engaging in media conflicts and needless propaganda,“ the statement concluded.

Dangote petrol price

Meanwhile, the National Headquarters of Petroleum Products Retail Outlets Owners Association has asked Dangote to announce the price of its PMS.

PETROAN said it was taken aback by the speech of Aliko Dangote that the refinery has the capacity to provide enough petrol to satisfy local consumption, adding that about 500 million litres.

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