Independent Marketers Lament Sharp Practices At NNPC/ PPMC | Independent Newspapers Limited
Newsletter subscribe


Independent Marketers Lament Sharp Practices At NNPC/ PPMC

Posted: Feb 13, 2016 at 7:54 am   /   by   /   comments (0)

By Juliet Oyoyo


The Kaduna Chapter of the Independent Petroleum Marketers Association of Nigeria (IPMAN) has blamed the Minister of State for Petroleum, Dr. Ibe Kachikwu for his failure to tackle the corruption in the Nigerian National Petroleum Corporation.

The marketers who said the extortions and other sharp practices at the PPMC/NNPC seemed to be defying all interventions by successive administrations in Nigeria expressed worry over the new cabal at the corporation who specialised in extorting money from IPMAN/ AMFSON members before issuing allocation of petroleum products.

IPMAN also alleged that the kerosene allocations promised by the Minister of state for Petroleum are yet to reach its members.

“I challenge anybody to ask any marketer if they have gotten allocations,” Bako Abdullahi Yelwa, an ex-officio of IPMAN, said.

Yelwa who spoke on behalf of their members in Kaduna said as marketers, they have discovered that efforts to curb corruption in the corporation by President Muhammadu Buhari’s’ administration was not not yielding the desired result.

He said there is need for President Buhari to probe the Staff of PPMC/NNPC, who have devised new ways of extorting money from petroleum products marketers.

According to him,  “PPMC members of staff are frustrating Independent Marketers. Why will they ask for a percentage of our profit before giving us allocation? And when we refuse, they frustrate the process of getting our allocation. They only give product allocation to marketers that have given them a share of their profit upfront.

For example, an Independent marketer gets an average of two allocations of Petrol (PMS) monthly and the profit from each truck is 80 thousand Naira. How can 160 thousand naira pay all my staff, service and maintain the stations and still keep me in business?

There’s nothing to write home about Kachikwu’s six months in office. His only achievements are confusion and contemplating the award of contracts for the building of new empty PPMC/NNPC Mega filling stations with the aim of exterminating the existing indigenous Independent Marketers despite their huge contributions towards the growth and development of the Nation.

With the present crash of crude oil price globally to its worst level of below $35 per barrel, Kachikwu should concentrate on constructing new simple modular Refineries & hasten to reactivate the existing ones so that our local production can rise to cope with the nation’s petroleum products demands or even beyond. This will create more employments opportunities for many Nigerians in addition to boosting the nation’s economy”.

He advised the President who is also the Minister of State for Petroleum Resources to put on hold all plans to build more NNPC mega stations until all refineries have been turned around.

Yelwa added that all independent marketers and PPMC/NNPC affiliate stations should be supplied adequately with products.

This will help curb the new cabal in the Oil & Gas Sector made up of PPMC/NNPC staff from frustrating his efforts to rid the petroleum sector of corruption.

Shedding more light on the suit instituted by the PPMC/ NNPC against IPMAN, he said: “For the PPMC to take IPMAN to court claiming that they don’t know us and they don’t have any business with us speaks volumes. It is under Ibe Kachikwu that we are hearing this. How can you claim you don’t know us and you have been doing business with us for over thirty years?

Most Petroleum Products Marketers believe that this move was borne out of selfishness, wickedness and flagrant disregard for the rule of law”.