Home Business NNPCL Selling Petrol To Marketers At ₦1,010 Per Litre, Says IPMAN

NNPCL Selling Petrol To Marketers At ₦1,010 Per Litre, Says IPMAN

by ArmadaNews
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Petroluem marketers have said the Nigerian National Petroleum Company Limited (NNPCL) sells a litre of premium motor spirit (PMS) commonly known as fuel for N1,010 to its members in Lagos.

The National President of the Independent Marketers Association of Nigeria, Abubakar Garima said this on Thursday.

He said on Channels Television’s Sunrise Daily that, the NNPCL “collected products through Dangote at a lower rate which is not up to N900 but they are telling us now to buy this product from them at the price of N1,010 per litre in Lagos, N1,045 in Calabar, N1,050 in Port-Harcourt and N1,040 in Warri.”

The IPMAN president said the NNPCL is owing the petroleum marketers.

“Roughly now, they are owing us almost getting to N15bn,” Garima said.

“Our money has been with the NNPCL for almost three months now. Either they sell for us at the same rate they are getting the product from Dangote Refinery or refund us so we can buy directly from Dangote Refinery,” he added.

He claimed “Our money is already with the NNPCL. It has refused to give us the product we paid for and is asking us to complete the difference.”

Channels Television

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