Thursday, 8th June 2023
<To guardian.ng
Search

Marketer blames NMDPRA, ‘unscrupulous’ middlemen for fuel price increase, scarcity

By Sodiq Omolaoye, Abuja
29 December 2022   |   9:00 pm
The Managing Director, of Robinson Ashford Consulting and member Independent Petroleum Marketers Association of Nigeria (IPMAN), Mr Nwozuzu Henschel Chigozie, has decried the inability of Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to monitor prices of Premium Motor Spirit (PMS) across the country.

Fuel pump PHOTO: GETTY IMAGES

The Managing Director, of Robinson Ashford Consulting and member Independent Petroleum Marketers Association of Nigeria (IPMAN), Mr Nwozuzu Henschel Chigozie, has decried the inability of Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to monitor prices of Premium Motor Spirit (PMS) across the country.

He also blamed the activities of unscrupulous middlemen in the distribution and marketing of petrol for the perennial scarcity and arbitrary increase in pump prices across the country.

Speaking with The Guardian, Chigozie described what is happening in the South East with regard to the sales of fuel, as a “pure fraud and corruption of the highest order.”

According to him, every drop of petrol was subsidized and imported by the federal government with public funds and every tank farm either leased or owned, will apply to Nigerian National Petroleum Corporation Limited (NNPCL demanding the product.

“The draft you raise will not be more than what the government is selling as the ex-deport rate or marine price for the product. Unfortunately, before your application is approved and your product programmed and brought to your nominated tank farms, money exchanges hands.

“Let the tank owners tell Nigeria how much graft is demanded of them and who they pay to get their applications approved.

“Again, another unit of the federal government that has a big question to answer are the NMDPRA)

“They are the ones that sit and collect all the price and peg the price. How come they know what the ex-deport price is, yet, all the tank farms are selling far above that which generates a multiplier effect on the outlets and stations that cut across all states and villages

Noting that the NMDPRA as an institution is weak and the executive secretary of the agency has questions to answer, disclosed that very soon, the government through the minister of finance will tell Nigerians how much was paid for subsidy.

Wondering that only a few have hijacked the process at the detriment of all Nigerians, he maintained that the issue of fuel scarcity is no longer the problem of the presidency or governors “but by fellow Nigerians”.

Continuing, he stated. “In Imo State, station owners are selling above pump price. As of today, the Imo State police command has four fuel station owners serving with others outskirts of Abuja. There is no official fuel pump increase but a big racketeering by some Nigerians leading to undue hardship.

On the special task force on vandalism and illegal bunkering, he said the petroleum industry is on the exclusive list where every dealer must comply with the rules and regulations.

“When you buy above deport rate or sell above pump price, you are encouraging corruption. We have enough product, why are people causing panic). We in the task force checkmate our members. We have activated the police and we also want to activate the Department of State Services (DSS).