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PPMC/NNPC Should Supply Fuel, “Depots Are Presently Empty!” – DAPPMA

Unic Press UK: The Depot and Petroleum Products Marketers Association (DAPPMA) issued a Press Release on Monday, blaming the Nigerian National Petroleum Corporation (NNPC) and the Pipelines and Products Marketing Company (PPMC) for acute scarcity of fuel [also known as Premium Motor Spirit (PMS)] in the country.

The highlights of the Press Release by DAPPMA Executive Secretary, Olufemi Adewole, and the copies of the three-page statement from DAPPMA are shown herein:

“Our members’ depots are presently empty! However, if PPMC/NNPC can provide us with PMS, we are ready to do 24 hours loading/truck out to alleviate the suffering of Nigerians…”

“While we cannot confirm or dispute NNPC’s claim of having sufficient product stock, we can confirm that the products are not in our tanks and as such cannot be distributed. If the products are offshore, then surely, it cannot be considered to be available to Nigerians.”

“Again, this is contrary to claims by the Nigerian National Petroleum Corporation, NNPC, and its downstream subsidiary, the Petroleum Products Marketing Company, PPMC, that fuel vessels are discharging the commodity in ports across the country on a daily basis.’’

“Our members pay PPMC/NNPC in advance for petroleum products; and fully paid up PMS orders that have neither been programmed nor loaded is in excess of 500,000MT (about 800,000,000 litres) as at today and enough to meet the nation’s needs for 19 days at a daily estimated consumption of 35,000,000 litres!”

 

 

 

 

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