Would you like to receive notifications on latest updates of the following headlines?

Reps urge FG to allow marketers buy petrol from Dangote refinery

POSTED ON September 27, 2024 •   Breaking News      BY Abiodun Saheed Omodara •   VIEWS 42
Dangote Refinery l Credit: File Photo

The House of Representatives, on Thursday, urged the Federal Government to direct the Nigerian National Petroleum Company Limited (NNPCL) and the Dangote Petroleum Refinery to allow independent marketers to commence the lifting of fuel from the newly established refinery.

The resolution was reached following the adoption of a motion of urgent public importance sponsored by the member representing Yenagoa/Opokuma Federal Constituency, Bayelsa State, Oboku Oforji.

Leading the debate, Oforji noted that even though the Dangote Petroleum Refinery began operation in its 650,000 barrels per day integrated refinery on September 15, 2024, only major marketers had been given access to lift products from the refinery by the NNPCL.

He said, “The House is worried that the NNPCL and the major marketers are exclusive off-takers, which constitutes monopoly and is equivalent to greed. This is the same NNPCL that has failed to manage our crude and refineries for decades.

“If this monopoly is not nipped in the bud, the suffering of Nigerians caused by the scarcity of PMS will continue, and we all know the implications for the economy.

“No wonder the late MKO Abiola of blessed memory, in a viral video some years ago, lamented that the NNPCL lacks transparency and accountability.

“The House is disturbed that allowing the NNPCL and major marketers to lift Premium Motor Spirit from the refinery to the exclusion of independent marketers is not good enough.”

According to him, “IPMAN representatives have expressed fears that they may be forced to resort to fuel imports to sustain their businesses.”

The lawmaker commended the parent company, Dangote Group, for the commencement of petroleum refining, adding that with this achievement, the journey to Nigeria’s energy self-sufficiency may have begun.

RECOMMENDED FOR YOU
Tinubu eyes livestock sector reform, investment to curb farmer-herder clashes
BY Abiodun Saheed Omodara November 22, 2024 0

President Bola Tinubu has reaffirmed his administration’s commitment to resolving the farmer-h...

RECOMMENDED FOR YOU
Katsina Govt. applauds  NAF  strike against bandits, vows to sustain regional stability
BY Abiodun Saheed Omodara November 22, 2024 0

KATSINA – The Katsina State Government has commended the Nigerian Air Force (NAF) for successf...

RECOMMENDED FOR YOU
Breaking : Supreme court voids National Lottery Act
BY Abiodun Saheed Omodara November 22, 2024 0

The Supreme Court, on Friday, nullified the National Lottery Act 2005 enacted by the National Assemb...

RECOMMENDED FOR YOU
ECB's renews integration call as trade war looms
BY Abiodun Saheed Omodara November 22, 2024 0

European Central Bank, President Christine Lagarde renewed her call for economic integration across...

RECOMMENDED FOR YOU
FAO aims key outcomes at COP16 Saudi Arabia
BY Abiodun Saheed Omodara November 22, 2024 0

The assistant Director-General of the Food and Agriculture Organization (FAO), Dr. Abdul Hakim Elwae...

RECOMMENDED FOR YOU
Illegal detention: Bizman slams N50m suit on NDLEA
BY Benedicta Bassey November 22, 2024 0

NIGERIA — A businessman, Damilare Samuel, has slammed the National Drug Law Enforcement Agency...

RECOMMENDED FOR YOU
Appeal Court invalidates verdict against Rivers LG election
BY Benedicta Bassey November 22, 2024 0

ABUJA, Nigeria —The Court of Appeal, sitting in Abuja has nullified the judgement that prevent...

RECOMMENDED FOR YOU
Man in Police net for defiling, impregnating 15-yr-old daughter
BY Benedicta Bassey November 22, 2024 0

CALABAR, Nigeria —A 48-year-old man, Mallam Adamu Umaru, was paraded by the Zone 6 Police Comm...

OUR CHANNELS:

OTHER ARTICLES ::

25th November, 2024
Tinubu eyes livestock sector reform, investment to curb farmer-herder clashes
BY Abiodun Saheed Omodara November 25, 2024 0

President Bola Tinubu has reaffirmed his administration’s commitment to resolving the farmer-h...


Katsina Govt. applauds  NAF  strike against bandits, vows to sustain regional stability
BY Abiodun Saheed Omodara November 25, 2024 0

KATSINA – The Katsina State Government has commended the Nigerian Air Force (NAF) for successf...


Breaking : Supreme court voids National Lottery Act
BY Abiodun Saheed Omodara November 25, 2024 0

The Supreme Court, on Friday, nullified the National Lottery Act 2005 enacted by the National Assemb...


ECB's renews integration call as trade war looms
BY Abiodun Saheed Omodara November 25, 2024 0

European Central Bank, President Christine Lagarde renewed her call for economic integration across...


China expands Visa-free entry to more countries to boost economy
BY Abiodun Saheed Omodara November 25, 2024 0

On Friday, China announced that it would expand visa-free entry to citizens of nine more countries a...


FAO aims key outcomes at COP16 Saudi Arabia
BY Abiodun Saheed Omodara November 25, 2024 0

The assistant Director-General of the Food and Agriculture Organization (FAO), Dr. Abdul Hakim Elwae...


Illegal detention: Bizman slams N50m suit on NDLEA
BY Benedicta Bassey November 25, 2024 0

NIGERIA — A businessman, Damilare Samuel, has slammed the National Drug Law Enforcement Agency...


Appeal Court invalidates verdict against Rivers LG election
BY Benedicta Bassey November 25, 2024 0

ABUJA, Nigeria —The Court of Appeal, sitting in Abuja has nullified the judgement that prevent...


Man in Police net for defiling, impregnating 15-yr-old daughter
BY Benedicta Bassey November 25, 2024 0

CALABAR, Nigeria —A 48-year-old man, Mallam Adamu Umaru, was paraded by the Zone 6 Police Comm...


Trump picks Pam Bondi as Attorney General following Gaetz withdrawal
BY Benedicta Bassey November 25, 2024 0

WASHINGTON, United States  — US President-elect Donald Trump has nominated Pam Bondi, a v...


Menu