NewStats: 3,263,788 , 8,181,398 topics. Date: Saturday, 07 June 2025 at 10:08 PM 5e5z66

The Independent Petroleum Marketers Association of Nigeria has alleged that the Nigerian National Petroleum Company Limited is encouraging monopoly in the country’s oil and gas sector.


IPMAN based their accusation on the continued back-and-forth on the rehabilitation of Port Harcourt, Warri, and Kaduna refineries.

IPMAN spokesperson, Chinedu Ukadike disclosed this in an interview with DAILY POST.


According to him if NNPCL-controlled refineries were working, it would checkmate Dangote Refinery, which would result in more competitive petroleum product prices for Nigerians.

He urged the president to waste no time in declaring an emergency in the state-owned refineries.

“NNPCL refineries are not working. We have the president declare an emergency in these refineries. It is NNPCL that is encouraging monopoly, not Dangote Refinery. If NNPCL refineries are producing petroleum products, it will checkmate Dangote Refinery, with more competitive petroleum product prices for Nigerians,” he told DAILY POST.


His remarks came after NNPCL announced the shutdown of Port Harcourt Refining Company, PHRC, for maintenance without a definite date to resume operations.

The development resuscitated debate over the viability of the Port Harcourt and Warri refineries, which were rehabilitated in November and December 2024 after gulping over $1.5 billion.

Source: https://dailypost.ng/Fuel-Price-Drop-NNPCL-encouraging-Monopoly-IPMAN-alleges

But when we insisted that the reports of those refineries working were false, people of corn called us enemies of Nigeria.

I hope they cover their faces in shame now that we have been vindicated.

Someone was saying that Wike should be posted to the petroleum ministry.

Are we just knowing that APC means All Pathetic Crooks?

When we told them those refineries weren’t working and was just for show, they called us IPOB.

Tor.

The only time NNPC worked and prospered ,was when the Ibo was at its helms

if NNPCL-controlled refineries were working, it would checkmate Dangote Refinery, which would result in more competitive petroleum product prices for Nigerians."

As if NNPCL na serious company that can be banked on.

Next please

Thank God for Dangote's initiative, Nigeria would have been a gross importer of petroleum products.

The type of One Chance wey APC take
9ja enter ehn!!

They can import to kill the monopoly

lol…the way these marketers dey cry ehn

Ok but Mr Dangote

Omo, all those people i usually see going into the refinery facility for work everyday, what are they doing inside!

Weediots Everywhere

Scam APC government

The worst in history

Where is that man who insulted OBJ saying he should come to the refinery so he can show him around?

The market is free for all. Stop complaining

helinues:
The market is free for all. Stop complaining

After billions of dollars have been wasted? Your children will suffer from this evil you are ing.

Curious345:
The only time NNPC worked and prospered ,was when the Ibo was at its helms

When was that

Love800:
Omo, all those people i usually see going into the refinery facility for work everyday, what are they doing inside!

Twerking

Make price no drop again?

The FG must stop wasting trillions on corrupt failed refineries

The FG should as a matter of urgency privatize those shit called refinery

Curious345:
The only time NNPC worked and prospered ,was when the Ibo was at its helms

Pls mention the year, so we can recall if your statement is correct.

But agbado miscreantts were partying and calling us name for simply staying the truth. Sillyy people thinks leadership is a tribal affair. They should ask katsina people how far?

The very wicked IPMAN never scolded NNPC when the moribound refineries enabled them to continue importing petroleum products earning bilions in dollars undeservedly, now they are suddenly worried about the inefficiency of our refineries because it will encourage monopoly by Dangote? But these people are extremely wicked o! To them it is better to enrich foreign companies with our demand as a nation than enrich an indigenous company, paying tax and employing tons of Nigerians. If you guys are serious about fighting Dangote's monopoly, go and start your refinery, and a piece of advice to NNPCL, better sell those stupid Warri,Portharcourt and Kaduna refineries to dangote, because your incompetence has reached the heavens, you shameless lot claim to be chemical, petroleum, petrochemical etc engineers, but it is a business man that sells sugar, spaghetti, macaroni and rice that built a refinery that is giving you a run for your money. God will judge and punish both you filthy NNPC and IPMAN.

An association of fuel importers are fighting Dangote and NNPCL but because of hate Obidients are clapping for them.

Okay ooo!

It's just so pathetic that with all the boasting about how Tinubu transformed Lagos and how he will do same with Nigeria, his people and ers can now see that he is empty, spineless, clueless and a collosal failure. I know you will ask what PH refinery has to do with Tinubu but for him to fail at everything so spectacularly is just an irony to them. I want to see the actual achievement they will use to campaign for 2027 other than the South must finish their 8 years tenure and voting another person will upset that balance. My reply to them is if Nigeria was your company and Tinubu the CEO, would you allow him continue for four more years as a board member or give him the boot immediately?

Make dem sell d those refineries give dangote

Love800:
Omo, all those people i usually see going into the refinery facility for work everyday, what are they doing inside!

they clock in, sit n read complete sport in the morning and gist till closing time. at the end of the month boss sell or not staff money must complete

NNPCL Is Be Scrapped, Is Has Lost it Relevance

I wonder why Tinubu retain Mele Kyari for up to 2 years. He really scammed Tinubu

The more you look the less you see in our country petroleum sector.

There are some forces that don't want that sector to function for Nigerians to benefit.