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Fuel scarcity to last for another two weeks – IPMAN

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The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said that issues that led to the scarcity of the Premium Motor Spirit (PMS), widely called petrol, would take another two weeks to be fully resolved.

IPMAN Public Relations Officer, Chinedu Ukadike, said this in an interview with Vanguard, adding that the product was not available in-country.

Chief Ukadike blamed the acute shortage in supply of importation bottlenecks and the slow pace of marketers licence renewal by the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA.
According to him, only 1,050 marketers out of 15,000 have had their licences renewed by the NMDPRA.

He said: “The situation is that there is no product. Once there is lack of supply or inadequate supply, what you will see is scarcity and queues will emerge at filling stations. On the part of NNPCL, which is the sole supplier of petroleum products in Nigeria, they have attributed the challenge to logistics and vessel problems.

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“Once there is breech in the international supply chain, it will have an impact of domestic supply because we depend on import. I also have it good authority that most of the refineries in Europe are undergoing turn around maintenance. So sourcing of petroleum products has become a bit difficult.

“NNPC Group CEO has assured us that there will be improvement in the supply chain because their vessels are arriving. Once that is done, normalcy will return. This is because once the 30 days supply sufficiency distrusted, it takes two to three months to restore it. We expect that by next week or so, NNPC should be able to restore supply and with another one week, normalcy should return”.

Speaking on the challenges faced by marketers in renewing their licences, he said: “NNPC has said the marketers who have not been able to renew their licences will not be allowed to remain on their portal which has been shut for sometime now. Because of this we have not been able to request for new products.

“At this nascent period of deregulation, you will discover that this leads to scarcity even when the product arrives. As it is now, even by their own data, out of 15,000 marketers that are on the portal with licences, only 1,050 renewed their licences. And the requirement for renewal by NMDPRA is so much. Marketers are facing hostile environment. NNPC placed a deadline of April 15, 2024, for marketers to renew their licences.

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“We are therefore appealing to NNPC extend this deadline and also to NMDPRA to hasten the release of marketers licences who have completed their processes, and also reduce the bottlenecks around licence renewals”.

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Most filling stations yet to get Dangote petrol – IPMAN

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One week after the Nigerian National Petroleum Company Limited commenced loading Premium Motor Spirit, popularly called petrol, at the Dangote Petroleum Refinery, most filling stations across the country have yet to get the product.

Independent petroleum marketers who operate over 70 per cent of filling nationwide, told Sunday PUNCH on Saturday that petrol from Dangote refinery had yet to be dispensed to them by NNPC.

When contacted and asked if most dealers have started receiving the product from the $20bn Lekki-based plant, the National President of the Independent Petroleum Marketers Association of Nigeria, Abubakar Maigandi, replied, “We are waiting to start.”

NNPC officially commenced the loading of petrol from the 650,000 barrels per day capacity Dangote Petroleum Refinery last Sunday.

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NNPC said at the time that it was to load 16.8 million litres of petrol from the plant, in contrast to the 25 million litres that the refinery had announced earlier as what it would release to the national oil company daily.

The spokesperson of NNPC, Olufemi Soneye, confirmed that over 70 trucks of PMS departed the Dangote refinery last Sunday, which was the first day for the release of petrol from the plant to the domestic market.

Since then, the company has been taking products from the plant, as it also directed major marketers to lift petrol based on agreements with them, but on Saturday it was confirmed that independent marketers were yet to get Dangote petrol.

NNPC, which is currently the sole off-taker of PMS from the Lagos-based refinery, did not immediately respond to enquiries on why IPMAN members have not been allowed to access the product from the Dangote refinery.

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The National Publicity Secretary of IPMAN, Chief Ukadike Chinede, also confirmed that members of the association were still awaiting NNPC as regards petrol supply from the Dangote refinery.

Asked if most filling stations particularly those operated by IPMAN members have started getting Dangote petrol, he replied, “No, we have not started getting Dangote fuel from NNPC. As of this time, we haven’t.

“The current situation is that NNPC is still serving us with their imported products. That’s what we are loading for now and they haven’t communicated to us about the issue of Dangote.

“I think what they (NNPC) did was to take Dangote fuel to their own (NNPC) retail outlets because there was no design for NNPC to give IPMAN products via trucks.”

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Ukadike said independent marketers were willing buyers and called for the release of products to IPMAN, as he noted that the national oil company had been supplying Dangote petrol to major oil marketers.

“What we do is self-picking. We use our trucks to pick products. So if we were factored into picking up petrol from Dangote, our trucks would have been at its terminals.

“But this time, it is only for NNPC mobilised trucks. We are still waiting for further directives and like I said in other interviews, we are willing buyers and what we are looking for is a willing seller.”

On why the cost of Dangote petrol is high, the IPMAN official said, “I heard that NNPC is selling at N776/litre to major marketers but they haven’t started selling to independent marketers.

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“When you add logistics costs and other necessary things, you would understand why it still sells at the current price. However, when there is an adequate supply of petrol, the price will reduce. Also, the price of diesel is still high. Once the price of diesel goes down, the price of trucking will go down.”

Senior officials of some major oil marketing firms told one of our correspondents that they had commenced the lifting of petrol from the Dangote refinery based on specific arrangements with NNPC.

They also confirmed that the cost which they bought the product from NNPC was N766/litre, but could not tell the price at which the product was sole to NNPC by Dangote.

“As I told you last week, the cost which NNPC sold to us is N766/litre. We paid NNPC, not Dangote and we lifted products based on the arrangement with NNPC. Dangote and NNPC know the price which they both agreed on, so they are in the best position to state that,” a major marketer who spoke in confidence due to lack of authorisation to speak on the matter, stated.

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Last week, NNPC’s spokesperson said the company bought petrol from Dangote at N898/litre, but this was countered by the refinery, without stating the price that it sold the product to NNPC.

“The report stating that we (NNPC) purchased it at N1,300/litre is false. For this initial loading, the price was N898/litre,” Soneye had stated.

But Dangote refinery denied the price with Anthony Chiejina, Dangote Group’s Chief Branding and Communications Officer, labelling the claim as “misleading and mischievous,” stating that it undermined the company’s recent milestone in addressing Nigeria’s long-standing energy crisis.

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#EdoDecides2024: Obaseki forced out of INEC office

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Governor Godwin Obaseki of Edo State has been forced out of the premises of the Independent National Electoral Commission in Benin by the DIG Frank Mba.

Obaseki was on the premises early on Sunday morning at some minutes past 2am and was there until he was escorted outside by the police.

PUNCH Online earlier reported that members of the All Progressives Congress, led by Monday Okpebholo’s running mate, Dennis Idahosa, led protesters to demand the exit of Obaseki from the premises of the Independent National Electoral Commission at about 3.30am on Sunday.

As he was being escorted out of the premises, mobile policemen deployed to the INEC office shouted at the governor, “Leave, leave.”

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Minutes before Obaseki was led outside by Mba flanked by a contingent of policemen, All Progressives Congress National Secretary, Surajudeen Basiru, addressed journalists that the governor had no reason to be on the premises.

Basiru said, “He is not a candidate. He has no reason to be here”, describing the governor’s action as abuse of office.

The governor was said to have gained entrance into the premises of INEC on Aduwawa Road, Benin City, under the cover of the night and headed straight upstairs, sitting close to the Edo REC’s office where the results were being collated before they would be announced.

The protesters at intervals tried to gain entrance into the premises of INEC, but they were prevented from entering even when they repeatedly banged on the gate.

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At some point during the drama, the DIG in charge of the election, Frank Mba, came into the premises with his team and headed straight to where Obaseki was sitting.

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Four men arraigned for defiling underage girls in Lagos

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A 35-Year-Old man identified as Godwin Peter Femi has been arraigned in court for allegedly defiling a 13-year-old girl in Adeba, Ibeju Lekki Lagos.

The case was brought to light after the victim’s father, Samuel reported the incident to the police.

The complaint was initially filed at the Elemoro police division and later transferred to the gender unit of Lagos police command, Ikeja in September. According to the police report, Samuel alleged that Femi had been sexually assaulting his daughter since June 2024

The father further revealed that on June 30, his daughter withdrew N20,000 from his bank account using his ATM card without his knowledge. When confronted, the young girl confessed that she had given the money to the suspect. She explained that Femi had threatened to kill her if she revealed that he had been defiling her.

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Following her confession, the police apprehended Femi, who admitted to having sexual relations with the grip but shockingly claimed that she was his ‘girlfriend’.

The suspect was arraigned in court on September 20, 2024, facing charges of defilement.

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