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KEROSENE: PPMC FAULTS IPMAN ON NON-ALLOCATION

By NBF News

By Yemie Adeoye
The Pipelines and Products Marketing Company, PPMC, a subsidiary of the Nigerian National Petroleum Corporation, NNPC, hasĀ  refuted claims by the President of the Independent Petroleum Marketers Association of Nigeria, IPMAN, Alhaji Aminu Abdulkadir, that members are being denied direct allocation of kerosene by the PPMC.

The IPMAN President told the House of Representatives Ad-hoc Committee on Subsidy that the association was yet to get a litre of kerosene allocated directly to IPMAN despite its numerous retail outlets spread across the country.

However, figures provided by PPMC and made available to journalists in Abuja, indicate that IPMAN had received over 756.8 million litres of kerosene in 2011 alone.

A breakdown of the figure indicates that over 112.8 million litres of kerosene went to IPMAN via the NNPC Throughput at NIPCO, while an additional 79.3million litres was also delivered for IPMAN via coastal allocation to IPMAN through NIPCO.

IPMAN further received 573.8 million litres of kerosene from NNPC depots out of which 130.8 million litres of kerosene was on credit sales contrary to Abdulkadir's claims that PPMC did not grant IPMAN members some credit facilities.


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