Energy Briefs
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THE Depot and Petroleum Products Marketers Association, DAPPMA, has commended the Nigerian National Petroleum Corporation, NNPC, for ensuring a hitch-free supply of petroleum products across the country during the end of year holiday season.
Dapo Abiodun, chairman of DAPPMA, gave the commendation on Thursday when he led a delegation of the group’s members on a courtesy call on Maikanti Baru, group managing director of NNPC.
“In the past, we were importing 70 percent of products while NNPC was importing 30 percent, being the supplier of last resort which is their responsibility. They moved to doing 50 percent and by November, they were doing about 90 percent of the volumes.
“So we have to come and appreciate them because in spite of the constraints that got them to take on the burden of increasing their importation from 30 percent to 50 percent and then 90 percent, there were no hiccups, there were no queues, there were no shortages. We think NNPC should be commended for that,” Abiodun stated.
He said DAPPMA was concerned that despite the huge investments of its members in the downstream, they were not able to contribute much to efficiency in the system as certain operational exigencies have forced them to perform below capacity.
Responding, Baru said NNPC was aware of the challenges being encountered in the subsector, stressing that, he was hopeful, appropriate government agencies would come to their rescue soon.
While thanking the association for appreciating the efforts of NNPC to ensure stable products supply nationwide during the holiday season, stated that the group was part of the supply chain which made the feat a reality.
Baru said NNPC appreciated the cordial business relationship between it and the association, assuring that the Corporation would leave no stone unturned to ensure all the nooks and crannies of Nigeria are wet with white products at all time, according to a statement signed by Ndu Ughamadu, group general manager, Group Public Affairs Division, NNPC
— Jan 16, 2017 @ 01:00 GMT
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