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Wednesday, May 20, 2015

Fuel: Depot owners, NUPENG see worsening Supply Ahead

The National Union of Petroleum and Natural Gas Workers (NUPENG) said on Monday that the prevailing fuel scarcity may worsen if depot owners continue to shut their reservoirs to tanker drivers willing to lift products for distribution across the country.

Fuel: Depot owners, NUPENG see worsening supply ahead 
But depot owners have risen in defence of themselves, saying they have no products and therefore “cannot give what we don’t have”.

Tokunbo Korodo, the South-West chairman of NUPENG, said on Monday that as late as 1:30p.m no tanker driver had loaded petroleum product in Lagos from any depot for distribution to the end users. “What I was told was that the independent depot owners may have shut their depots to tanker drivers because of the over N200 billion owed them by the Federal Government.

“The other information I got was that the Depot and Petroleum Products Marketing Association (DAPPMA) is meeting with the president-elect on the subsidy issue. I think the outcome of that meeting may determine if DAPPMA will reopen the depots for loading or import more into the country.
“But as at 1.30p.m on Monday none of the union members has loaded fuel from DAPPMA depots in Apapa,” Korodo said, adding that the relocation of tankers from highways and the inability to load fuel at the depots were responsible for the free-flow of traffic in Apapa axis.

Korodo said that DAPPMA and major marketers were aggrieved over the yet to be settled subsidy claims.

However, in a telephone chat with BusinessDay, Adewole Olufemi, the secretary general of DAPPMA, said the depots were without products and cannot give what was not available.
“We do not have products because we have not been paid. A few of our members who had have distributed. As I speak to you, most of our members don’t have products in their depots,” said Olufemi.

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