Dangote Refinery: 'NNPC Yet to Lift Our Petrol' - Mgt - Global Report

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Friday, September 6, 2024

Dangote Refinery: 'NNPC Yet to Lift Our Petrol' - Mgt

 


 

 Daniel Olushola Michael

  Amidst promises that negitiations that could have alleviates Nigerian suffering as tegarding scarcity and perhaps cheaper rates if peteoleum product to the nation,Dangite refinery management has ceied iut again that NNPC agreement has not yield any positive ends as regarding lifting their ready produced PMS for delivery to marketers hitherto.

Dangote Petroleum Refinery, a key player in the Nigerian energy sector, has released an official press statement alleging that the Nigerian National Petroleum Corporation (NNPC) has not yet lifted its allocated petrol from their facility, sparking concerns over fuel distribution and availability across the country.

The press statement titled “NNPC Yet To Lift Our Petrol”, emphasized that despite ongoing efforts by Dangote Petroleum Refinery to maintain stable production and ensure a steady supply to the market, the expected uptake by the NNPC has not occurred. This delay, they claim, is contributing to the distribution challenges being experienced by fuel marketers nationwide.

According to press statement, the refinery has been operational and prepared to supply the required quantity of petrol, but the NNPC, which plays a central role in managing fuel distribution across Nigeria, has not acted in accordance with the planned schedule. “Our facilities are running optimally, and the product is available for distribution,” the statement read. “However, the NNPC has yet to lift the petrol for distribution to designated points, thus limiting our capacity to meet national demands as expected.”

Industry experts have noted that this development could worsen the already delicate fuel supply situation in various regions across Nigeria. Persistent delays in lifting petrol by the NNPC may have far-reaching implications on fuel prices and availability. Given the strategic importance of both Dangote Petrol and the NNPC to Nigeria’s energy security, stakeholders are urging swift resolution of the issue.

While the NNPC is yet to respond officially to the allegations, sources within the petroleum sector hint at possible logistical challenges that may be affecting the corporation’s ability to lift petrol in a timely manner. However, no formal explanation has been provided to clarify the reasons for the delay.

Dangote Petrol’s press release further stressed its commitment to collaborating with government agencies to resolve the issue and ensure uninterrupted fuel supply nationwide. “Our priority remains to support the government’s efforts in ensuring that Nigerians have consistent access to fuel,” the statement concluded.

The current fuel supply bottleneck has already started impacting some sectors, with reports of queues resurfacing at petrol stations in major cities. Consumers and stakeholders alike are calling for urgent intervention to avoid further disruptions in daily economic activities, as fuel remains a critical driver of Nigeria’s economy.

As this situation develops, it remains to be seen how the NNPC will address Dangote Petrol’s claims and what steps will be taken to restore normalcy in fuel distribution across the country.

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