NNPC threatened to sanction defaulting marketers.
The Nigerian National Petroleum Corporation (NNPC) on Tuesday reassured Nigerians that it was doing everything in its capacity to ensure that there was no scarcity of kerosene and liquefied petroleum gas (LPG), otherwise also known as cooking gas.
The NNPC said it was working with its downstream subsidiary, the Pipelines and Products Marketing Company (PPMC), which is responsible for the marketing and distribution of petroleum products, to ensure that there was adequate supply of kerosene above the daily national demand.
The Acting Group General Manager, Group Public Affairs Division of the Corporation, Tumini Green, said the NNPC, through the PPMC, supplied between 10 to 11 million litres of kerosene daily; distributed through allocations to licensed marketers against the 8 million litres national daily consumption level.
The marketers include the Independent Petroleum Marketers Association Of Nigeria, (IPMAN), Depot And Petroleum Products Marketers Association, (DAPPMA), Major Marketers Association Of Nigeria (MOMAN) and NNPC Retail Limited, which sell to the general public through their various retail outlets.
Despite the supplies, the NNPC noted that it was surprised that only its retail and a few other outlets sell kerosene at the government approved price of N50 per litre, while the other marketers who get the product from PPMC at government regulated price of N40.90k sell above the recommended price.
It indicted the regulatory agencies for failing to fix the price of kerosene and enforce compliance with the government approved prices, pointing out that it was their responsibility to ensure that the allocated petroleum products, including kerosene, reach the consumer at the approved prices as intended by government.
To ensure compliance with stipulated guidelines on the orderly distribution of petroleum products, the NNPC said it has continued to sanction marketers and vessel owners suspected of involvement in sharp and unwholesome practices.
Similarly, to ensure the effective implementation of government policy on providing cheaper domestic fuel abundantly to the domestic market, the corporation said the PPMC was working to ensure the adequate provision of cooking gas as alternative domestic fuel by rehabilitating and commissioning the LPG butanization plants at Ibadan, Kano, Gusau, Enugu and Gombe.
Threatening to apply stiff sanctions against defaulters, the NNPC called on all stakeholders to cooperate with it to ensure that petroleum products, including kerosene, got to all nooks and cranny of the country at the government approved prices.
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