shippingposition
  • Home
  • News
  • Editorial
    • Vox Pop
  • Maritime safety
  • Oil and Gas
  • Personality
  • Health
No Result
View All Result
shippingposition

Home » NNPC, major marketers at war over importation policy

NNPC, major marketers at war over importation policy

by Joshua
November 1, 2009
in Uncategorized

• Marketers oppose NNPC’s monopoly

Both the Nigerian National Petroleum Corporation (NNPC)
 and major marketers of petroleum products under the aegis of Major Oil Marketers Association of Nigeria (MOMAN) are currently at each others throats following the refusal of the Petroleum Products Pricing and Regulatory Agency (PPPRA) to allow major players to also import the essential commodity.
First to throw the salvo last week was the Nigeria National Petroleum Corporation (NNPC), which accused the marketers of levelling confirmed allegation of corruption against the corporation.
The NNPC had through its group general manager, public affairs, Dr. Levi Ajuonuma, described the allegation of manipulation of the fuel importation regime by a mafia within the corporation as false.
But MOMAN also said in a statement that it was totally opposed to making NNPC “to become the defacto sole importer of petroleum products.
Affirming its stand on the contentious issue the association disclosed that it has already “written to the Honourable Minister of Petroleum to state that this situation is not in the interest of the nation or businesses, especially as NNPC controls only 40 to 50per cent of the reception facilities available for importation. As such, the balance of the nation’s import reception facilities are rendered redundant and are not utilised to ensure effective and maximum distribution of petroleum products.
This has a potential for serious supply disruptions.”
But Ajuonuma, said in a statement issued last week that the MOMAN members who were aggrieved by the Federal Government’s decision to allow NNPC take full charge of fuel importation  had accused an unnamed clique within the Corporation of feeding fat from millions of litres imported into Nigeria through the daily collection of $500,000 (about N75 million) cut from international commodity traders- Trafigura, Glencore and Vitol, to sustain the importation contracts awarded by its subsidiary, the Pipelines and Products Marketing Company Limited (PPMC).
He described the allegation as cheap blackmail and also described the bribery claim as “a poorly choreographed pack of lies which can not stand  due diligence and common sense investigation.  Look, $500,000 or N75million commission everyday is a lot of money anywhere in the world.”
So how can anybody collect such kickback as alleged by the major marketers without any trace or tracking in these days of forensic accounting where every dollar paid into the financial system can be traced?’’, he asked.

 


Related Posts

Customs Hands Over N2.3bn Cash to EFCC At Lagos Airport

December 17, 2025
Vessels Expected At Lagos Ports As At 2nd December, 2025

Vessels Expected At Lagos Ports As At 2nd December, 2025

December 2, 2025
Customs Intercepts Over $480,000, Other Foreign Currencies in Q3 2025

Customs Intercepts Over $480,000, Other Foreign Currencies in Q3 2025

November 10, 2025
$500 Million Spent Annually To Keep Piracy At Bay In The Gulf Of Guinea

Calls for Vigilance Due to Rise in Piracy and Robberies in 2025

October 27, 2025

Discussion about this post

Latest News

Freight Forwarders, Importers Push Back as Shipping Tariff Talks Stall

Freight Forwarders, Importers Push Back as Shipping Tariff Talks Stall

January 22, 2026

Shippers’ Council Urges Stakeholder Consultation Before  Tariff Reviews

CRFFN Pushes Cargo Reforms as MACN Advocates SOP-Driven Enforcement to Reduce Port Delays

WCO, WBG Train Customs on Post-Clearance Audit under Accelerate Trade Facilitation Programme

Weak Shipping Line Regulation Undermines Customs Reforms — SEREC

Maritime Editors to Track Agencies’ Performance as Blue Economy Faces 2026 Test

Vessels Expected At Lagos Ports As At 22nd January, 2026

CRFFN, MACN Roll Out Digital Integrity Tools to Curb Corruption in Freight Forwarding

Six Students Drown in Benue Boat Mishap

ANLCA Faults Shipping Companies’ Increment, Says Nigeria Being Exploited As Cash Cow

Oil Thieves Changing Tactics – OPDS Commander

SEREC Commends NSC Board Inauguration, Urges FG to Constitute CRFFN Governing Council

kindly like our Facebook page

Health

More Reasons You Must Exercise
Health

More Reasons You Must Exercise

December 15, 2025

Exercise reduce your level of anxiety and help you manage stress it also enhance sexual desire and performance Now and...

Why Your Favourite Seasoning Cubes May Be Hurting Your Kidneys

Why Your Favourite Seasoning Cubes May Be Hurting Your Kidneys

December 15, 2025
Nigeria At Risk As Youth HIV Awareness Declines, Expert Warns

Nigeria At Risk As Youth HIV Awareness Declines, Expert Warns

December 8, 2025
WHO Backs Wider Use Of Weight-Loss Medicines, Calling Obesity Chronic Disease

WHO Backs Wider Use Of Weight-Loss Medicines, Calling Obesity Chronic Disease

December 8, 2025
Physical Exercises Key To Mental Fitness, Balance Lifestyle – Experts

Facts About Your Body System You May Not Know 

December 1, 2025
Prostate Health Awareness Message Men Must Read

Prostate Health Awareness Message Men Must Read

December 1, 2025
Take A Lot Of Fluid To Assist Your Kidneys Function Well, Experts Urge

Take A Lot Of Fluid To Assist Your Kidneys Function Well, Experts Urge

November 24, 2025
Top Men’s Health Issues

Top Men’s Health Issues

November 24, 2025
All You Need To Know About Diabetes

Health Benefits Of Consuming Garden Egg

November 17, 2025
All You Need To Know About Diabetes

All You Need To Know About Diabetes

November 17, 2025

© 2021 Shippingposition

Navigate Site

  • Home
  • About Us
  • Contact us
  • Privacy Policy
  • Sitemap
  • Terms

Follow Us

No Result
View All Result
  • News
  • Coast To Coast
  • Oil and Gas
  • Maritime Education
  • The Terminals
  • Maritime safety

© 2021 Shippingposition