Nigeria: Adamant Oil Marketers Claim that N195 per litre is Unachievable.

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According to oil marketers, lineups were still common in many parts of Nigeria, with the exception of Abuja, where they had decreased, because the supply of Premium Motor Spirit, also known as gasoline, had not yet stabilized.

This occurred at the same time that the Independent Petroleum Marketers Association of Nigeria stated that the NNPC had made a commitment to IPMAN that it would reserve roughly 140 million liters of PMS for the association’s members in an effort to alleviate their fuel supply issues.

“This came as the National President, IPMAN, Debo Ahmed, announced in a notice to his members that following a meeting held on February 7, 2023, between the National Executive Council of the association and the Managing Director of NNPC Retail Limited, the national oil firm promised to set aside 140 million litres of PMS for independent marketers.

A guide will soon be worked out on how marketers can seamlessly navigate the NRL customers portal for new registration and update of their information like additional outlet(s),” the IPMAN president stated.

He added, “Marketers are expected to upload a valid NMDPRA permit or proof of payment of a permit on the portal when a provision is made for that by the end of this month to be able to access the portal afterward. “Marketers are enjoined to shun diversion, sell their products at government approved bands, and avoid tarmac sale of tickets as defaulters will face the full wrath of the law.

“He urged marketers to kindly direct their depot reps at various loading depots to conclude all the processes of programming their tickets for loading within the 21 days window.

Punch.

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