PetroIeum Downstream In Fresh Heat As IPMAN Queries Dangote’s 500m Fuel Stock Claim

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The National President of the Independent Petroleum Marketers Association of Nigeria, Abubakar Maigandi, has queried the claim by the President of the Dangote Group, Alike Dangote, that the 650,000 barrels per day refinery currently has 500m litres of premium motor spirit, also known as petrol in stock for onward supply to Nigerians.

Maigandi said this is because its members drafted in by Nigerian National Petroleum Company Limited to pick up products on its behalf, couldn’t load petrol from the Refinery in Lagos for four days.

He also stated that oil marketers have not been able to pick products from the refinery despite having paid N40bn to the NNPCL.

Maigandi said this when he appeared on ChannelsTv Sunrise Daily on Wednesday.

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