TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

NNPC’s tawdry tale – The Nation

The Citizen by The Citizen
April 18 2016
in Public Affairs, Uncategorized
A A
0
  • If marketers are hoarding or diverting fuel, what is the DPR doing?

Last week, the Nigerian National Petroleum Corporation (NNPC) sought to explain why long queues of motorists have not disappeared from filling stations, particularly in Abuja and its environs. NNPC Group General Manager, Public Affairs, Garba Deen Mohammed, told newsmen that Abuja, which ordinarily requires about 180 trucks daily is being supplied 244 trucks in the past few days. Wondering where the 64 additional trucks went, he noted that the scarcity has not abated only because some marketers have embarked on sharp practices of product diversion and hoarding.

To start with, Nigerians are only too familiar with such statistics being thrown in their faces – statistics that they have come to take with a pinch of salt. Unlike the NNPC which prefers, like the ostrich, to bury its head in the sand, Nigerians surely understand that the supply situation is still a long way from what is required to turn things around. For Nigerians who have endured the agony of not having fuel to buy in the past few weeks, the observable rush to fill up their tanks would ordinarily seem understandable.

Now, even if we accept NNPC’s statistics and by extension its claims that an average of 64 trucks meant for Abuja and its environs are being diverted, the question is – what did the corporation do about what amounted to a sabotage of its efforts? While those trucks were loaded, whose responsibility was it to track them from the depots to their intended destinations? Is that not the role of the Department of Petroleum Resources (DPR)? Does it not amount to self-indictment that NNPC and DPR could not put in place a mechanism to track products lifted by the marketers?

Just in case both the NNPC and the DPR do not know, their corporate dereliction has grave implications both for the economy and the orderly conduct of players in the industry. Needless to state that the hoarding and diversion which these give rise to constitute a challenge to law enforcement.

This should not be hard to understand. Under the existing arrangement, the Petroleum Products Prices Regulatory Agency (PPPRA) sets the marketers’ margin as published in its price template. The margins, far from arbitrary, are accepted by the industry as fair, competitive and in accord with best practices.

As for the nefarious trade, this is how it works: products lifted at the depots are sold on the depot tarmac either with active collusion between DPR and NNPC officials, or with the officials looking the other way. The products are subsequently taken and sold at premium either at the black market or at filling stations owned by independent marketers. The marketers, free from the challenge of regulation, exploit the acute scarcity to inflict their greed and misery on the buying public. And while the price hits the roof, the NNPC whines about hoarding and product diversion!

Of course, it goes that while the scarcity may have created the huge incentive to hoard and hence the desire by marketers to make illicit gains, the reason it has persisted is because both the NNPC and the DPR are active collaborators. The two agencies are therefore, as complicit.

Far from being impressed by NNPC’s rationalisation therefore, Nigerians expect the corporation to focus on bridging the supply gaps to ameliorate the hardships posed by the current scarcity while also purging itself of the corrupt and unpatriotic elements within its ranks. The DPR on its part needs to wake up to its responsibilities of ensuring that actors play by the rules and to punish those who run foul of the law.  By and large, we expect the NNPC to foster an atmosphere of free flow of products to ensure that Nigerians are not again put through avoidable hardships.

Previous Post

CBN and banks’ N649 billion bad loans – Punch

Next Post

Ecuador earthquake kills 238, injures 1,500

Related Posts

Tariff hike: Electricity workers lock out minister, issue 14-day ultimatum
Public Affairs

Don’t involve civil servants in politics – Punch

October 16 2026
Kano, Sokoto, others spend N53.2bn on scholarships abroad
Public Affairs

Kano, Borno spreading tyranny – Punch

October 13 2026
2027: Wike, APC governors clash over Rainbow Coalition
Opinion

Why are governors getting worse?

October 13 2026
US Congress okays bill to cut foreign aid to Nigeria
Public Affairs

Nigeria’s revolving-door budgeting – Punch

October 12 2026
Police, Oyo LG deny release of kidnap victims after Igboho’s ultimatum
Public Affairs

Tinubu’s extended absence – Punch

October 8 2026
FG secures $747m loan for Lagos-Calabar Highway
Public Affairs

Disorder on Lagos-Calabar Highway – Punch

October 7 2026
Next Post

Ecuador earthquake kills 238, injures 1,500

NIPOST to introduce banking services to rural areas — Shittu

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

Minister defends King’s College concession, cites infrastructure decay

Minister defends King’s College concession, cites infrastructure decay

by The Editor
September 16 2026
0

...

Lagos demolishes shanties after four die in community clash

Lagos demolishes shanties after four die in community clash

by The Editor
August 30 2026
0

...

Kano, Sokoto, others spend N53.2bn on scholarships abroad

INEC fixes Sept 19 for Kano Assembly by-election

by The Editor
August 27 2026
0

...

Awujale: Ruling House sues Ogun, kingmakers

Awujale: Ruling House sues Ogun, kingmakers

by The Editor
August 25 2026
0

...

APPOINTMENTS

CJN swears in 68 new SANs

CJN swears in 68 new SANs

by The Editor
October 12 2026
0

...

Enugu governor names Nollywood’s Eucharia Anunobi, Rachael Okonkwo aides

Enugu governor names Nollywood’s Eucharia Anunobi, Rachael Okonkwo aides

by The Editor
September 23 2026
0

...

Gov. Yahaya swears in 19 new Gombe permanent secretaries

Gov. Yahaya swears in 19 new Gombe permanent secretaries

by The Editor
September 11 2026
0

...

Niger State governor appoints six commissioners-designate, four aides

Niger State governor appoints six commissioners-designate, four aides

by The Editor
September 8 2026
0

...

ODDITIES

Indian man assaults truck drivers in Lagos

Indian man assaults truck drivers in Lagos

by The Editor
October 13 2026
0

US engineer caught on camera poisoning colleague’s water bottle

US engineer caught on camera poisoning colleague’s water bottle

by The Editor
October 12 2026
0

Newly-wed pastor steps back from ministry after apologising over past affairs

Newly-wed pastor steps back from ministry after apologising over past affairs

by The Editor
October 6 2026
0

GLOBAL NEWS

Nigeria: Pope Leo XIV urges release of abductees from terrorists’ den

Pope Leo’s lung surgery successful — Vatican

by The Editor
October 13 2026
0

...

Child Soldiers: US threatens to cut military aid to Nigeria

Child Soldiers: US threatens to cut military aid to Nigeria

by The Editor
October 13 2026
0

...

Saudi Arabia threatens ‘serious response’ after Houthi airport attacks

Saudi Arabia threatens ‘serious response’ after Houthi airport attacks

by The Editor
October 13 2026
0

...

US releases fresh names, photos of 24 Nigerians on deportation list

US releases fresh names, photos of 24 Nigerians on deportation list

by The Editor
October 12 2026
0

...

US to livestream Fort Hood shooter’s execution

US to livestream Fort Hood shooter’s execution

by The Editor
October 9 2026
0

...

State of the States

Ogun pensioners demand gratuities, pension increases

Ogun pensioners demand gratuities, pension increases

by The Editor
October 9 2026
0

...

Enugu Air opens international route to Cameroon, begins Enugu-Douala service

by The Editor
September 25 2026
0

...

I won’t be a godfather; Abia voters will pick my successor, says Gov. Otti

I won’t be a godfather; Abia voters will pick my successor, says Gov. Otti

by The Editor
September 17 2026
0

...

Fubara orders fresh LG elections in Rivers State

Fubara signs N1.84tt Rivers 2026 budget into law

by The Editor
September 3 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
FAAC shares N2.09tr to FG, states, local councils as October revenue

FAAC shares N2.43tr among FG, states, LGs

October 16 2026
Refiners predict petrol price drop below N400/ltr

Marketers reject govt plan to cap petrol price

October 16 2026
Economy: ₦1m salary worthless without stable Naira – NLC

FG, NLC clash over minimum wage talks

October 16 2026
Netflix secures exclusive 2030 FIFA World Cup broadcast rights in Spain, Andorra

Netflix secures exclusive 2030 FIFA World Cup broadcast rights in Spain, Andorra

October 16 2026

EDITORIAL REVIEW

Tariff hike: Electricity workers lock out minister, issue 14-day ultimatum

Don’t involve civil servants in politics – Punch

by The Editor
October 16 2026
0

Kano, Sokoto, others spend N53.2bn on scholarships abroad

Kano, Borno spreading tyranny – Punch

by The Editor
October 13 2026
0

2027: Wike, APC governors clash over Rainbow Coalition

Why are governors getting worse?

by The Editor
October 13 2026
0

US Congress okays bill to cut foreign aid to Nigeria

Nigeria’s revolving-door budgeting – Punch

by The Editor
October 12 2026
0

Police, Oyo LG deny release of kidnap victims after Igboho’s ultimatum

Tinubu’s extended absence – Punch

by The Editor
October 8 2026
0

Opinion

2027: Wike, APC governors clash over Rainbow Coalition

Why are governors getting worse?

by The Editor
October 13 2026
0

...

As we celebrate the girl-child, let us not forget the boy-child

As we celebrate the girl-child, let us not forget the boy-child

by The Editor
October 12 2026
0

...

Candidate Sowore: Revolution, Marijuana and other stories

Candidate Sowore: Revolution, Marijuana and other stories

by The Editor
September 25 2026
0

...

 Akpakomiza and other stories

by The Editor
September 1 2026
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.