Fuel Queues to dissolve as NNPC, NMDPRA, DSS meet

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The Nigerian National Petroleum Company Limited, Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Department of State Services (DSS) has met with key stakeholders in the midstream and downstream oil sector on Thursday in a bid to clear fuel queues in 48 hours.

The meeting was attended by the Major Oil Marketers Association of Nigeria (MOMAN), Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN), Independent Petroleum Marketers of Nigeria, National Union of Petroleum and Natural Gas Workers (NUPENG), National Association of Road Transport Owners, among others.

Speaking after the meeting, oil marketers promised to implement every decision reached during the meeting.

Chief Executive of NMDPRA, Farouk Ahmed, said all parties had committed to ensuring supply and clearing the queues within the given time and is hoping that with the efficiency in the distribution, both by marine and trucking, in the next 48 hours the commitments will really start and hopefully will see a positive environment, away from the difficult situation people are experiencing across the nation.

Meanwhile The Executive Secretary of DAPPMAN, Femi Adewole, said the issue of foreign exchange faced by depot owners was discussed and efforts were on to address it.

The challenges to marketers, especially depot owners, were explained and the meeting agreed and actually noted the forex component challenge and its input into cost, which in all ideal cases recover reasonably.

He added that they agreed based on the assurances of products given to marketers, provided by NNPC, they will ensure that, going forward, all depots work 24 hours, based on the security risks appraised And will work 24 hours to ensure that the queues in town are reduced. also, retail outlets, spread nationwide, will also ensure that they sell 24 hours based on their security situation appraised.

On his part, the Executive Secretary, MOMAN, Clement Isong, said operators would ensure that they implemented the decisions reached at the meeting.

IPMAN Chairman, Chinedu Okoronkwo, stated that marketers had been asked not to do anything that would jeopardise their licences, as the association had committed to that resolution.

He said another resolution that was reached at the meeting was that independent marketers would get products directly from NNPC.

Procyon News

 

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