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Fuel Price Drop: NNPCL Encouraging Monopoly — IPMAN Alleges - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsFuel Price Drop: NNPCL Encouraging Monopoly — IPMAN Alleges (10292 Views)

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Fuel Price Drop: NNPCL Encouraging Monopoly — IPMAN Alleges by adenigga(op): 1:58am On May 31, 2025
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

Re: Fuel Price Drop: NNPCL Encouraging Monopoly — IPMAN Alleges by Penguin2: 2:20am On May 31, 2025
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.
Re: Fuel Price Drop: NNPCL Encouraging Monopoly — IPMAN Alleges by chrisxxx(m): 2:44am On May 31, 2025
Someone was saying that Wike should be posted to the petroleum ministry.
Re: Fuel Price Drop: NNPCL Encouraging Monopoly — IPMAN Alleges by APCheat: 3:25am On May 31, 2025
Are we just knowing that APC means All Pathetic Crooks?
Re: Fuel Price Drop: NNPCL Encouraging Monopoly — IPMAN Alleges by Aleister(m): 4:00am On May 31, 2025
When we told them those refineries weren’t working and was just for show, they called us IPOB.

Tor.
Re: Fuel Price Drop: NNPCL Encouraging Monopoly — IPMAN Alleges by Curious345: 5:49am On May 31, 2025
The only time NNPC worked and prospered ,was when the Ibo was at its helms
Re: Fuel Price Drop: NNPCL Encouraging Monopoly — IPMAN Alleges by adioolayi(m): 6:15am On May 31, 2025
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
Re: Fuel Price Drop: NNPCL Encouraging Monopoly — IPMAN Alleges by Bellotelli: 6:18am On May 31, 2025
Thank God for Dangote's initiative, Nigeria would have been a gross importer of petroleum products.
Re: Fuel Price Drop: NNPCL Encouraging Monopoly — IPMAN Alleges by adecz: 6:18am On May 31, 2025
The type of One Chance wey APC take
9ja enter ehn!! sad angry huh sad
Re: Fuel Price Drop: NNPCL Encouraging Monopoly — IPMAN Alleges by P1PrinceKT(m): 6:23am On May 31, 2025
They can import to kill the monopoly
Re: Fuel Price Drop: NNPCL Encouraging Monopoly — IPMAN Alleges by IBB007(m): 6:30am On May 31, 2025
lol…the way these marketers dey cry ehn
Re: Fuel Price Drop: NNPCL Encouraging Monopoly — IPMAN Alleges by tunwumi: 6:31am On May 31, 2025
Ok but Mr Dangote
Re: Fuel Price Drop: NNPCL Encouraging Monopoly — IPMAN Alleges by Love800(m): 6:32am On May 31, 2025
Omo, all those people i usually see going into the refinery facility for work everyday, what are they doing inside!
Re: Fuel Price Drop: NNPCL Encouraging Monopoly — IPMAN Alleges by Didijiji: 6:34am On May 31, 2025
Weediots Everywhere

Scam APC government

The worst in history
Re: Fuel Price Drop: NNPCL Encouraging Monopoly — IPMAN Alleges by Okbaba: 6:34am On May 31, 2025
Where is that man who insulted OBJ saying he should come to the refinery so he can show him around?
Re: Fuel Price Drop: NNPCL Encouraging Monopoly — IPMAN Alleges by helinues: 6:36am On May 31, 2025
The market is free for all. Stop complaining
Re: Fuel Price Drop: NNPCL Encouraging Monopoly — IPMAN Alleges by Okbaba: 6:40am On May 31, 2025
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 supporting.
Re: Fuel Price Drop: NNPCL Encouraging Monopoly — IPMAN Alleges by Agbegbaorogboye: 7:03am On May 31, 2025
Curious345:
The only time NNPC worked and prospered ,was when the Ibo was at its helms
When was that
Re: Fuel Price Drop: NNPCL Encouraging Monopoly — IPMAN Alleges by Agbegbaorogboye: 7:03am On May 31, 2025
Love800:
Omo, all those people i usually see going into the refinery facility for work everyday, what are they doing inside!
Twerking
Re: Fuel Price Drop: NNPCL Encouraging Monopoly — IPMAN Alleges by oluwaseyi0: 7:07am On May 31, 2025
Make price no drop again?
Re: Fuel Price Drop: NNPCL Encouraging Monopoly — IPMAN Alleges by NOETHNICITY(m): 7:10am On May 31, 2025
The FG must stop wasting trillions on corrupt failed refineries

The FG should as a matter of urgency privatize those shit called refinery
Re: Fuel Price Drop: NNPCL Encouraging Monopoly — IPMAN Alleges by Omoboricash(m):
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.
Re: Fuel Price Drop: NNPCL Encouraging Monopoly — IPMAN Alleges by Leviticuscreed: 7:13am On May 31, 2025
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?
Re: Fuel Price Drop: NNPCL Encouraging Monopoly — IPMAN Alleges by PROPEACE: 7:16am On May 31, 2025
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.
Re: Fuel Price Drop: NNPCL Encouraging Monopoly — IPMAN Alleges by Okoroawusa: 7:16am On May 31, 2025
An association of fuel importers are fighting Dangote and NNPCL but because of hate Obidients are clapping for them.

Okay ooo!
Re: Fuel Price Drop: NNPCL Encouraging Monopoly — IPMAN Alleges by ejieddy: 7:20am On May 31, 2025
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 supporters 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?
Re: Fuel Price Drop: NNPCL Encouraging Monopoly — IPMAN Alleges by Judolisco(m): 7:22am On May 31, 2025
Make dem sell d those refineries give dangote
Re: Fuel Price Drop: NNPCL Encouraging Monopoly — IPMAN Alleges by chidiokay: 7:27am On May 31, 2025
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
Re: Fuel Price Drop: NNPCL Encouraging Monopoly — IPMAN Alleges by Antoeni(m): 7:31am On May 31, 2025
NNPCL Is Be Scrapped, Is Has Lost it Relevance
Re: Fuel Price Drop: NNPCL Encouraging Monopoly — IPMAN Alleges by Bwanasaraw: 7:35am On May 31, 2025
I wonder why Tinubu retain Mele Kyari for up to 2 years. He really scammed Tinubu

Re: Fuel Price Drop: NNPCL Encouraging Monopoly — IPMAN Alleges by Olamideayomide(m): 7:38am On May 31, 2025
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.
1 2 3 Reply

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