NNPCL, marketers plan N148/litre

The Nigerian National Petroleum Company Limited intends to execute a contract with independent oil marketers to set the ex-depot price of gasoline at N148 per liter.

Mike Osatuyi, National Controller, Operations, Independent Petroleum Marketers Association of Nigeria, told The PUNCH on Thursday that IPMAN was currently holding a series of meetings with Hubb Stockman, the new Managing Director of NNPCL Retail, who promised to directly supply IPMAN members with products.Information Guide Nigeria

Bola Tinubu, the presidential candidate of the All Progressives Congress, stated on Thursday that the plan must be terminated regardless of how long people protest against the elimination of the subsidy on Premium Motor Spirit, also known as gasoline.NYSC portal

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Speaking on the agreement with NNPCL, Osatuyi said, “They (NNPCL) have now put IPMAN under him (Stockman) directly, and he’s a good guy. With the series of meetings we have been having with him, something good will come out of it, latest by January.

“We will get products directly from NNPCL and we won’t have to go through the depots. He’s a white guy, and you know whites don’t play politics. By that, prices of products will go down. But what we are asking for again, is consistency in product delivery to us, and let it not be a one-off thing.”JAMB Result

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