Accusing NNPCL of deliberately hoarding petroleum products from its members, Adelaja said it is disheartening that the corporation could be using his members’ deposit to make supplies available to the trio of Total, OANDO and Ardova petroleum companies, who in turn, resell to few if its customers thereby, compelling them to sell at a higher price to the public.
The Nigeria National Petroleum Corporation Limited (NNPCL) was urged to provide its members with petroleum products valued at N75.142 billion that have been paid for since June by the Independent Petroleum Marketers Association of Nigeria (IPMAN), Mosimi Depot, in Ogun State, on Tuesday.
The Association claims that the current gasoline shortage in the nation’s South West is the result of NNPCL management’s failure to provide its members with petroleum products three months following payment.
Thus, in an effort to alleviate the suffering of the people, IPMAN made a plea to the federal government and other important players in the oil sector to exert pressure on the NNPCL management to stop denying its members access to petroleum products.
Speaking with journalists in Abeokuta, Ogun State capital, the IPMAN Mosimi Depot Chairman, Otunba Femi Adelaja said his members have since June this year, made a deposit payment of a whopping sum of N75 .142 billion to the corporation for supplies through the Lagos Private Depot Owners (PDO), but NNPCL refused to make the product available to its members.
Adelaja, who lamented the non-receipt of products from NNPCL three months after payment, said the management of the corporation has been using the IPMAN’s deposit to service the interest of majority marketers at the detriment of the interest of IPMAN members whose businesses have been surviving on bank loans.
Accusing NNPCL of deliberately hoarding petroleum products from its members, Adelaja said it is disheartening that the corporation could be using his members’ deposit to make supplies available to the trio of Total, OANDO and Ardova petroleum companies, who in turn, resell to few if its customers thereby, compelling them to sell at a higher price to the public.
“As I speak with you, we are surprised to see that the NNPC would not give us any supply, rather, the corporation has been busy using our deposits to run business for their various Mega Stations. They have refused to acknowledge that our businesses have been surviving on bank loans, which would charge interest on whatever amount is released to each IPMAN member”.
IPMAN Mosinmi Depot, however, solicits the support of all well-meaning Nigerians to prevail on the management of the NNPCL before the corporation finally succeeds at chasing its members out of business.