Business
We did not receive any payment from IPMAN for petroleum products – Dangote Refinery
The Dangote Group management has addressed reports suggesting that the Independent Petroleum Marketers Association of Nigeria (IPMAN) is facing challenges in lifting products from the refinery, clarifying that no payments have been made to them.
Anthony Chiejina, the spokesperson for Dangote, provided this clarification on Thursday in a statement titled, “IPMAN: Setting the Record Straight.”
This clarification follows claims that IPMAN is encountering difficulties lifting petrol from the Dangote refinery due to an alleged N40 billion payment made to the Nigerian National Petroleum Company (NNPC).
Dangote emphasized that no such payment has been received, nor does IPMAN currently have any direct dealings with the company.
“The Dangote Petroleum Refinery wishes to clarify that it has not received any payments from the Independent Petroleum Marketers Association of Nigeria (IPMAN) to purchase refined petroleum products.
“Although discussions are ongoing with IPMAN, it is misleading to suggest that they (IPMAN Members) are experiencing difficulties loading refined products from our Petroleum Refinery, as we currently have no direct business dealings with them. Consequently, we cannot be held responsible for any payments made to other entities.
“The payment in mention has been made through the Nigerian National Petroleum Company Limited (NNPCL), and not us. In the same vein, NNPCL has neither approved nor authorised us to release our Premium Motor Spirit (PMS) to IPMAN,” Chiejina said.
“We would like to emphasise that we can meet the nation’s demand for all petroleum products, including petrol, diesel, and aviation fuel. At present, we can load 2,900 trucks per day and we have also been evacuating petroleum products by sea.
“We advise IPMAN to register with us and make direct payment as we have more than enough petroleum products to satisfy the needs of their members.
“Furthermore, we believe it is instructive for all stakeholders to refrain from making unfounded statements in the media, as that could undermine the economic re-engineering efforts of His Excellency, President Bola Ahmed Tinubu. Conducting business through public speculation is counterproductive and unpatriotic,” the statement added.
It was earlier reported that the president of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Abubakar Garima, stated that its members have been unable to load petrol from the Dangote refinery for several days.
The IPMAN president urged the refinery to allow independent petrol marketers to register directly to facilitate product access, rather than requiring them to go through the NNPC.
“If he (Dangote) can sell the product to us directly, we can buy it, as we have to pay before loading. Currently, we have N40 billion with the NNPC, yet we cannot source the product.
“Recently, some of my marketers were sent by NNPC to load at the Dangote refinery, but those marketers waited with their trucks for four days without being able to load.”
Garima added that allowing independent marketers to load directly from the Dangote refinery — as the NNPC does — could help reduce petrol prices.
- Politics1 week ago
Tight grip: Govs devise new strategies to keep LGs under control
- Business1 week ago
NNPC raises petrol price again to N1025 in Lagos, N1050 in Abuja
- News1 week ago
Obasanjo Urges Gov Abiodun to Support Owu Community’s Agricultural Initiative
- News1 week ago
Kano Gov Approves ₦71,000 Minimum Wage for Civil Servants
- Business1 week ago
Nigeria secures $350 million from AfDB for Kano-Maradi Rail Project
- News1 week ago
Nigeria’s Lookman outshines Palmer, Williams, Saka, Rice, 12 others .
- News1 week ago
Lagos Taskforce Declares Blocking Roads for Events Illegal
- News7 days ago
Strike Actions by SSANU, NASU: Legal Analyst Decries Abuse of Strike