The National President of the Independent Petroleum Marketers Association of Nigeria, IPMAN, 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.
Recall on Tuesday, Dangote urged petroleum marketers, including the Nigerian National Petroleum Company Limited, to source petrol directly from his refinery to meet local demand.
He stated that the refinery can produce over 30 million litres of fuel daily at full capacity and currently holds 500 million litres in reserve, enough to supply the country for over 12 days without imports.
Reacting in a televised interview on Wednesday Said this is because its members drafted in by Nigerian National Petroleum Company Limited NNPCL 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.
