NNPC Increases the Number of Major Marketers to 27

As part of efforts to address the country’s persistent fuel shortage, the Nigerian National Petroleum Company Limited increased the number of major oil marketers in Nigeria from seven to twenty.

This is the first decision in more than 25 years to upgrade 20 oil companies and filling stations to the category of major oil marketers.

The document explained how the NNPC upgraded the 20 firms to join the major marketers’ category in a letter with reference number PPMC/CS/ED/17, dated November 21, 2022, and headed “RE: Approval to operate under the major marketers category.”

Billy Gillis-Harry, president of the Petroleum Retail Outlet Owners Association of Nigeria, claimed that some of the upgraded stations were already benefiting from the status before it was formally announced by the NNPC/NMDPRA.

Punch