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IPMAN decry use of members’ companies to obtain petrol allocation from NNPCL

BizPoint by BizPoint
May 12, 2023
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The Independent Petroleum Marketers Association of Nigeria, IPMAN has raised alarm over activities of some fraudsters, who allegedly use its members’ registered companies, filling stations and private depots to secure allocations of petroleum products from the Nigeria National Petroleum Company Limited, NNPCL illegally.

Chairman of the IPMAN Kano Zone, Bashir Danmalam, in a statement sent to BizPoint on Friday, said the warning became necessary following persistent complaints from the NNPCL management that some individuals are in the habit of collecting fuel allocations from the company illegally by presenting names of some companies owned by the marketers.

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He said the union found it necessary to issue the advice following a meeting between management of the NNPCL and leadership of the association in a bid to let the marketers know what is happening with a view to taking necessary steps to stop the ugly trend.

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He warned that NNPCL had threatened to revoke the Bulk Purchase Agreement of any marketer found allowing such individuals to use his/her company in order to get allocation and later resell the products.

The union, therefore, warned marketers, who connive with such people to perpetrate the illegal act to desist from doing so as any marketer caught will have his bulk purchase agreement revoked while the fraudsters will be reported to security agents for appropriate action.

The management of the NNPCL and IPMAN leadership will not fold their arms and allow such illegal acts to continue to the detriment of the marketers in the country.

“The Independent Petroleum Marketers Association marketers to be careful of some individuals who are in the habit of using their registered companies, filling stations, private depots etc. in order to secure allocations of products from the NNPCL illegally.

“The advice became necessary following persistent complaints from the NNPCL management that some individuals are in the habit of collecting fuel allocations from the company illegally by presenting names of some companies owned by marketers.

“The union found it necessary to issue the advice following a meeting between management of the NNPCL and leadership of the union so as to let the marketers know what is happening with a view to taking necessary steps to stop the ugly trend.

“The company (NNPCL) has threatened to revoke the Bulk Purchase Agreement of any marketer found allowing such individuals to use his/her company in order to get allocation and later resell the products,” he said.

Furthermore, Danmalam also warned private depot owners against selling the products above the government approved price as marketers have been directed to stop patronising such private depots.

The union also warned marketers against selling the product above the approved pump price to members of the public as anyone found will be sanctioned because both parties don’t pay extra money to the NNPCL before getting the allocation.

The IPMAN therefore, commended the management of the NNPCL under the leadership of Mele Kyari for sustaining adequate supply of the products.

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