Just In: NNPC New Levies to Marketers Set to Give Rise to Increase in Petrol Pump Price

Just In: NNPC New Levies to Marketers Set to Give Rise to Increase in Petrol Pump Price

  • All Nigerians may start paying more for petrol nationwide if a letter that recently surfaced is anything to go by
  • The NNPC has issued a new directive to marketers in the sector that they will pay more for marine charges
  • An inside source within the sector said marketers have already concluded on increasing the pump price of fuel

FCT, Abuja - A report by the Leadership newspaper indicates that the pump price of Premium Motor Spirit (PMS) popularly known as petrol will be raised by marketers.

According to the report, the Nigerian National Petroleum Corporation (NNPC) has introduced fresh marine charges for marketers.

Mele Kyari
The Kyari-led NNPC has imposed new levies on petroleum marketers. Photo credit: @NNPCgroup
Source: Twitter

The report further stated that petroleum marketers and depot operators are currently meeting to agree on allowable adjustments any moment from now.

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Fuel scarcity: FG plans clampdown on black marketers as queues disappear from filling stations

A highly placed industry source quoted in the report also said that Nigeria will witness a new pump price of petrol after marketers conclude their engagement.

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Part of the letter seen by the newspaper read:

“Please be informed that the NNPC Management has directed that effective 10th February 2022, the sum of Five Hundred Thousand Naira, (N500,000.00) only will be charged for STS Coordination fee for each transshipment operation involving NNPC Marine Logistics.
“This amount is to cover manpower and logistics required for coordination and production of cargo documents for the transshipment operations.
“A remita payment request will be generated by our accounts section for each operation to effect necessary payment upon the vessels tendering notice of Readiness, NOR.”

The source added:

“NMDPRA and NNPC have both stated the federal government’s reluctance to review pump price but since they have passed them to marketers, the latter will reflect it either ex-depot or at the pumps.

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Fuel supply: NYCN constitutes task force, expresses optimism on steady supply

“Marketers are business owners who mostly operate on bank loans and we too must recover all costs.”

Fuel supply: NYCN constitutes task force, expresses optimism on steady supply

Meanwhile, the National Youth Council of Nigeria, NYCN, has inaugurated a task force with a view to enforcing measures taken by the NNPC to mitigate the difficulties faced by motorists as a result of the short supply of premium motor spirit otherwise called petrol.

The NNPC had on Tuesday, 15 directed 24-hour operations at petrol deports and other outlets in order to hastily dissipate the long queues being experienced at fuelling stations.

To this end, the NYCN inaugurated a task force to monitor the 24-hour fuel distribution and sales across the 6 geopolitical zones of the country.

NYCN commends NNPC for proactive measures to tackle fuel undersupply

The NYCN had earlier commended the NNPC on its handling of the contaminated petrol and scarcity of the product experienced across Nigeria in recent times after the company revealed that the recent shortage was occasioned by the importation of adulterated fuel by suppliers.

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Fuel scarcity: NNPC shares important update, reveals when queue will end

Addressing a press conference attended by a Legit.ng reporter on Friday, February 11 in Abuja, Adodo explained that the council had set up a task force to interface with relevant stakeholders to ascertain the situation.

Adodo who addressed journalists after an emergency session of the leadership of the council said the task force of the NYCN wasted no time in carrying out its assignment and made so much discovery.

Source: Legit.ng

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