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The Nigerian National Petroleum Company (NNPC) has been accused by the Independent Petroleum Marketers of Nigeria (IPMAN) of failing to supply sufficient petroleum products to its members, leading to severe fuel scarcity.
Over the last two to three years, IPMAN members have reportedly been unable to obtain products directly from NNPC and have instead been forced to source fuel from private depots at significantly inflated prices.
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According to Shina Amoo, Chairman of IPMAN’s Ore Depot, the private depots have been selling fuel to them at prices ranging between N750 and N850 per liter, far above the official NNPC rate of N567.
Amoo emphasized that due to delays and uncertainties in NNPC’s supply chain, marketers have had no choice but to turn to private suppliers, even at a higher cost.
“We have been sourcing from private depots over the years. None of us could get products from NNPC for the past two to three years,” Amoo stated pointing out the challenges faced by independent marketers.
This situation has raised concerns about the transparency of NNPC’s operations and whether the government is adequately monitoring fuel distribution.
It has been said that thorough investigations should be conducted to ensure that the fuel meant for the domestic market is not being diverted for personal gains, which could be contributing to the ongoing scarcity and high prices for consumers.
