Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,202,143 members, 7,981,037 topics. Date: Monday, 21 October 2024 at 10:24 AM

The Secretary, Depot And Petroleum Products Marketers Association Of Nigeria - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / The Secretary, Depot And Petroleum Products Marketers Association Of Nigeria (121 Views)

FG Increases The Freight Rate For Petroleum Products By 25% / Backward Integration In Sugar, Cement And Petroleum: Who Are The Beneficiaries? / Independent Petroleum Marketers Association Of Nigeria Elect New Executive Team (2) (3) (4)

(1) (Reply) (Go Down)

The Secretary, Depot And Petroleum Products Marketers Association Of Nigeria by Paraman: 11:04am On Jun 25
Depot and Petroleum Products Marketers Association of Nigeria has denied importing dirty fuel into Nigeria, saying the diesel from the Dangote refinery contains more sulphur than imported one.

The association is reacting to claims by the management of the Dangote oil refinery that the Nigerian Midstream and Downstream Petroleum Regulatory Authority had been granting licenses indiscriminately to marketers to import what they described as dirty refined products into the country.

In a statement made available to our correspondent by the DAPPMAN Secretary, Olufemi Adewole, the management of the association stated “emphatically that no member of the association and indeed, no private fuels depot has imported into the country any fuel with specification that is outside of the regulation other than what is currently approved by the Nigerian Midstream and Downstream Regulatory Authority and would wish to state that the information from the Dangote Refinery Management is laced with Inaccuracies”.

DAPPMAN noted that the downstream regulatory authority has recently objected to offtakes by its daughter vessels from import mother vessels, via ship-to-ship operations which usually take place offshore Lome, a move it said was vehemently protested and resisted by downstream operators until it was rescinded.

“DAPPMAN recalls that between February and May 2024, the NMDPRA had allowed AGO imports with a maximum sulphur content of 200/ppm, however, this was followed by another move, by the regulator, to fast forward the country’s target date of the implementation of the 50/ppm sulphur limitation on PMS and AGO imports, from 31st December 2024 to 1st June 2024, thereby limiting all marketers and depots’ AGO source to Dangote Refinery even though the latter was yet to install its desulphurization equipment as the sulphur in its blends of AGO presently exceed 50/ppm.

“This again was resisted by DAPPMAN in its letter to the NMDPRA which was dated 10th June 2024 to warn and alert the regulator not to ‘inadvertently promote and introduce a monopoly into the sector,” the statement read partly.

The depot owners association said further that, “With stiff resistance at every attempt at introducing a Dangote Refinery monopoly into the downstream, and the fact that the latter, despite its most recent production of AGO with sulphur contents reported at 1200/ppm, it is baffling to us that the Management of Dangote Industries (including the Dangote Refinery), who are very much aware of these facts, could claim that the NMDPRA has been granting licenses indiscriminately to marketers to import dirty refined products into the country.


“Their current blend of AGO, with reported sulphur contents of 1200/ppm is technically classified as ‘dirty fuel’ and grossly above the 200/ppm imported by any marketer or depot owner,” DAPPMAN stated.

While acknowledging that the Dangote refinery is a business entity that is free to adopt any model that suits its management, DAPPMAN, however, stressed that “its current practice of cheaper bulk sales prices to international buyers at the detriment of Nigerian buyers calls to question their patriotism to the country”.

It added, “Several Nigerian marketers had in recent past been offered Dangote refinery cargoes by international trading firms at rates that are very much lower than what they were directly offered by Dangote Refinery, and this will not be in the interest of the Nigerian fuel end-user.”

The statement concluded, “There is no doubt that the success of the Dangote refinery will be a thing of pride to the nation, but all downstream operators and their activities must be in tandem with the provisions of the Petroleum Industry Act 2021 which abhors ‘monopoly’ of any sort.

“DAPPMAN will continue to work with all stakeholders, including the Dangote refinery willingly to provide safe and healthy fuels to all Nigerians competitively giving them great and affordable fueling options for their daily activities.”

An official of the Dangote Group, who did not want to be mentioned told our correspondent that the refusal of international oil companies to sell crude oil to Dangote refinery was the reason its diesel is higher in cost.

On Monday, the National President, IPMAN, Abubakar Maigandi, blamed Dangote for the importation of diesel by operators, saying his (Dangote) diesel is more expensive.


Maigandi disclosed that Dangote did not heed the advice of marketers that the current price of diesel and aviation fuel be reduced to beat competitors in the market.

The IPMAN boss maintained that nobody would be encouraged to import the so-called dirty fuel if the products from Dangote refinery were cheaper.

“The major challenge is the cost of the Dangote diesel. We are looking for a reduction from him. He should bring it to a little bit lower rate.

“The fact that people bring in diesel from other countries into Nigeria is his fault. It is because of his price. You know I said earlier that he should bring his price down so that he would discourage importation by the other marketers. His price is higher. If it is lower, why should people buy outside?” the marketer stated.

The Dangote refinery official had accused the Nigerian Midstream and Downstream Petroleum Regulatory Authority of granting licences indiscriminately to marketers to import dirty refined products into the country.



https://punchng.com/dangote-refinery-depot-owners-deny-importing-dirty-fuel/?utm_source=telegram&utm_medium=social
Re: The Secretary, Depot And Petroleum Products Marketers Association Of Nigeria by Realtord43: 11:30am On Jun 25
Dangote wont have it easy has he expected
Re: The Secretary, Depot And Petroleum Products Marketers Association Of Nigeria by PressMyButton: 12:01pm On Jun 25
First off, Dangote has no right to ask NMDPRA to not grant import lincense to marketers. Any form of monopoly should be completely discouraged in the downstream sector and a free market allowed, especially, has subsidy has since been removed. Then again, why is Dangote diesel costlier than imorted diesel despite several tax exemptions?. Why are IOCs selling crude to Dangote at influated prices?. Can NNPC wake up to its responsibilities in ensuring seamless supplies to local industries?. There're too many forces fighting each other in every sector of the economy.
Re: The Secretary, Depot And Petroleum Products Marketers Association Of Nigeria by LadyExcellency: 12:05pm On Jun 25
Don't allow Dangote to monopolize the distribution of DPK to avoid over-pricing. Importation is keeping Dangote in check for now.

(1) (Reply)

Kaduna: Alleged N423b Fraud Against El-rufai: Group Takes Petitions To EFCC,ICPC / Nigerians Are Nothing But Rabble Rabble Rabble Rabble / Wike Flags Off Reconstruction Of 25km Kwaita Yebu Road In Kwali

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 18
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.