The union expressed surprise that billionaire businessman Aliko Dangote said marketers were boycotting his refinery to buy imported petrol.

The Independent Petroleum Marketers Association of Nigeria (IPMAN) says its members can’t load petrol from the Dangote Refinery in Lagos despite having paid ₦40bn to the Nigerian National Petroleum Company Limited (NNPCL).

IPMAN President Abubakar Garima stated this on Channels Television’s Sunrise Daily programme on Wednesday.

Garima expressed surprise that the owner of the $20bn refinery Aliko Dangote said marketers were boycotting his refinery to buy imported petrol.

The IPMAN boss said his members are not importing petrol, as claimed by Africa’s richest man. He said rather than get Dangote petrol through the NNPCL, the private refinery should register independent petrol marketers directly for smooth loading of the product.

“If he (Dangote) can be able to sell the product to us directly, we can buy the product, because we have to pay before we pick. Presently, we have ₦40bn under the NNPCL custody but we cannot source the product.

“Just of recent, there are some of my marketers that NNPCL sent to load in Dangote refinery and those marketers stayed with their trucks for four days, and they cannot load.”

On Tuesday, billionaire businessman Aliko Dangote held a meeting with President Bola Tinubu in Abuja and told reporters that he has over 500 million litres in tanks at his mammoth refinery but marketers are not patronising his facility.

However, Garima said IPMAN, with over 20,000 members in Nigeria, has ₦40bn upfront payment with the NNPCL and still can’t load the premium product from the private refinery.

Garima said Nigerians would see a reduction in the pump price of petrol if Dangote Refinery let independent marketers lift the product directly like the NNPCL.


‘Check Your Price’

The IPMAN president also urged Dangote to check the price of his commodity if marketers importing petrol are boycotting his product.

“Since he (Dangote) says marketers are not buying his product, he should check his price properly. Is it higher than what they are obtaining outside or is it the same rate? Then if marketers buy this product through him, how long will it take for it to reach their depots? That one too is a factor,” Garima stated.

The IPMAN president said there was nothing wrong if marketers outside his organisation decided to sell imported products but Dangote “should go and review and check how much are they selling outside.”

Nigerians are grappling with the weight of unprecedented food inflation, and energy prices which have quadrupled in the last year under the Tinubu administration. Specifically, the price per litre of petrol jumped from less than ₦200 to over ₦1,000.

Many people have blamed the twin policies of petrol subsidy removal and unification of forex rates for the high living costs that have assailed the middle class, many of whom have abandoned their cars for public transportation.

https://www.channelstv.com/2024/10/30/marketers-spent-days-at-dangote-refinery-unable-to-load-petrol-ipman-president/

Nlfpmod

dre11:
■ Garima expressed surprise that the owner of the $20bn refinery Aliko Dangote said marketers were boycotting his refinery to buy imported petrol.
The IPMAN boss said his members are not importing petrol, as claimed by Africa’s richest man. He said rather than get Dangote petrol through the NNPCL, the private refinery should register independent petrol marketers directly for smooth loading of the product.
“If he (Dangote) can be able to sell the product to us directly, we can buy the product, because we have to pay before we pick. Presently, we have ₦40bn under the NNPCL custody but we cannot source the product.
“Just of recent, there are some of my marketers that NNPCL sent to load in Dangote refinery and those marketers stayed with their trucks for four days, and they cannot load.”

Why are we still at this? 🙄🙄

Too early for this kind of news 😁

Dangote behaving like a criminal, very simple question. how much are you selling your Petrol from your refinery?

I watched the news this afternoon and was just shaking my head

Yawaa

Juju

Na so the level be , suffering and smiling.

Gbese,
this scam.
the federal government is behind this rip off
Playing with our intelligence

And ordinary yahoo boy, go get 2years for what the banks and CBN are doing to us on a daily basis

Nawa o

Let them sleep there till they are able to load.
We have been queueing at filling station for years, they should stop crying

GHEN GHEN

It is cash and carry! Do you want him to start his business on credit. Marketers should go and collect their money from NNPCL and pay upfront.
They want to introduce purchase by credit.

Someone does not want to blink first

So why can't the marketers pay directly to Dangote not paying to NNPCL

IPMAN- Why must you pay to NNPCL? that they now need to refer you to go and load at Dangote refinery. Are the NNPCL the owner of Dangote?

History history

Haha

So this was it

This is becoming irritating. A national shame. We can't even organize internal commerce without brainless tackles. How low could we go as a black society? Chai!

Counselor123:
It is cash and carry! Do you want him to start his business on loans. Marketers should go and collect their money from NNPCL and pay upfront. They want to introduce purchase by credit.

Read the article! IPMAN did not mention that their people went there to buy from him on credit. Also, Dangote is the one who designated NNPCL as his primary buyer. So?

Which kind game are NNPCL, DANGOTE, IPMAN, Marketers, World Bank and IMF playing with Nigerians? Who are we to believe? Deception is too much with this our APC thing.

4

This people just dey use us play tennis

God blessed Nigeria with crude oil, but it has turned to a course for the country


Wearing night gown👗
most times is a waste
of time because
you will still find it on the floor in the morning 🤣🤣

Looks like NNPC wants marketers to pick fuel on credit from Dangote and the man said no.

NNPC could have used scope to push them to Dangote saying dem don reach agreement with Dan boy. 😁😁.

Just go there go pick. No lele. I don yarn am for phone. Me an am don follow talk.

And Dan boy no wan sell on credit to our dubious marketers.

While the world has moved on, Nigeria still struggles to get things right'

black people, when will you get things right and smooth?

He don export am for dollars

NNPC give Dangote crude for Naira

Dangote refine crude in Naira

Dangote export crude in dollars

Dangote store doillars in Foreign Bank

Dangote come back to newspaper to cry for crude in Naira

Black man okpoefi thinking, just thinking how to defraud the next door neighbour and the entire people suffer the action of one man, foolish

Nigeria na big zoo

Okay

Dangoote the major problem of Nigeria. A crooked enterpreneour who is pocketing d whole nations while d useless leaders look in awe.

We shall all learn when d man is through with us.