Close Menu
    Facebook X (Twitter) Instagram
    Trending
    • APM Reps Candidate, KSA, Receives Over 1,000 APC, ROCOF Supporters Into Party In Ibarapa East
    • There is no Masquerade: Let The Records Speak:A Point-by-Point Response to Morohunkola Thomas by Chief Jubril Dotun Sanusi
    • Jubril Dotun Sanusi celebrates students, teachers and parents, challenges school to raise the bar
    • 2027: Ekiti PDP, APM form alliance for Makinde presidential bid
    • 2027: APM Presidential Candidate, Makinde, Appoints Ehilebo as Special Adviser on Media and Digital Communication
    • Oyo 2027: Adelabu returns from vacation, says “elections are won through trust, not uploading names on INEC Portal”
    • Oyo 2027: ADC National Leadership Issues Stern Warning to Gbemileke, Others, Affirms Adegoke as Guber Candidate
    • FG targeting 6,500MW power supply by December, says Tegbe
    Facebook X (Twitter) Instagram YouTube
    Goal Poacher NewsGoal Poacher News
    Demo
    • Home
    • General News
      • Local News
      • Foreign News
    • Political News
    • Business News
    • Science
      • Technology
    • Health
      • COVID-19
    • Sports
    • Entertainment
      • Video
    Goal Poacher NewsGoal Poacher News
    Home»General News»Petrol marketers import 123m litres, continue talks with Dangote
    General News

    Petrol marketers import 123m litres, continue talks with Dangote

    adminBy adminOctober 21, 2024No Comments3 Mins Read
    WhatsApp Facebook Telegram Twitter
    Share
    Facebook Twitter LinkedIn Pinterest Email

     

    No fewer than four vessels carrying imported Premium Motor Spirit, popularly called petrol, arrived at seaports situated along the nation’s borders between Friday, October 18, and Sunday, October 20, findings by The PUNCH show.

    According to a document obtained from the Nigerian Port Authority on Sunday, about 123.4 million litres of PMS were berthed at two seaports to improve fuel supply nationwide.


    The latest development confirms an exclusive report by The PUNCH, which disclosed that oil dealers intend to import the commodity to supplement the supply from the $20bn Dangote Petroleum Refinery.

    The dealers had stated that the supply from the Lekki-based plant was currently insufficient to meet domestic demand.

    They had alleged that the plant was producing about 10 million litres of petrol daily, as against the 25 million litres that it earlier promised to produce.

    In September, The PUNCH also reported that dealers imported about 141 million litres of PMS following a hike in the pump prices of petrol produced by the Dangote Petroleum Refinery and released by the Nigerian National Petroleum Company Limited.

    They said the fair market price following the full deregulation of the downstream oil sector by the government allowed room for PMS imports.

    An analysis of the document showed that the commodities landed at the Apapa port in Lagos and the Calabar port in Cross River State.

    Punch correspondent, however, could not confirm if any of the vessels belonged to the NNPCL or only oil marketers.

    The first shipment carrying 35,000 metric tonnes of PMS allocated to the West African Port Services berthed at terminal ASPM jetty on Friday, October 18, at 10.13 am.

    This was followed by 37,000 metric tonnes of fuel assigned to Intership at 3.37 pm. It also berthed at terminal ASPM jetty.

    As of 3:59 pm of the same day, another vessel carrying 10,000 metric tonnes of fuel berthed. It was assigned to Peak Shipping as its agent.

    At the Calabar port, a vessel carrying 10,000 metric tonnes of fuel arrived at the Eco marine terminal on Sunday at 8:02 am.

    This means the four vessels brought in 92,000 metric tonnes.

    Going by the conversion rate of 1,341 litres to one metric tonne, it, therefore, implies that the marketers brought in about 123.4 million litres of petrol.

    When contacted in an earlier interview, the spokesperson of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, George Ene-Ita, said marketers with approved import licenses were free to import PMS.

    He, however, stressed that the products must be subjected to three major tests by the agency.

    “The products must be subjected to our testing protocols at the ports. The products must conform to stipulated standards before we authorise them to offload to their terminals.

    “Also, before the smaller vessels bring it further inland to Nigeria, our people will fly to the place to see the product and carry out some tests to ensure the right specification is upheld.

    “Tests are also done at the products’ origins. And when the products come in before they are released to the market, further tests would be conducted to ensure that they meet the specifications,” he stated.

    123m litres Dangote import Petrol marketers
    Share. WhatsApp Facebook Twitter Telegram
    admin

    Related Posts

    FG targeting 6,500MW power supply by December, says Tegbe

    August 27, 2026

    ‎Oyo 2027: Oseni Donates 500KVA Transformer, N10m to Baptist Conference‎

    August 26, 2026

    Falana Congratulates Tijani Afeez on Emergence as APM Chairmanship Candidate for Oriire LG

    August 26, 2026
    Leave A Reply Cancel Reply

    New Comments
    • Idowuismaila raifu. on Fuel Palliative: Makinde Approves N10,000 for Civil Servants, LG Workers
    • JOHN OYENIYI on COVID-19: Private Varsities Appeal To NUC For Reopening For On-Campus Learning
    • Kareem Akeem on PHOTOS:Ayo Fatokun Foundation Empowers Youths In Akinyele LG
    • Adebayo Ayodeji on Oyo Government Gives Palliatives To Students In Tertiary Institutions
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    Don't Miss
    Political News

    APM Reps Candidate, KSA, Receives Over 1,000 APC, ROCOF Supporters Into Party In Ibarapa East

    By GoalpoacherAugust 28, 20260

    Another political tsunami on wednesday, 26th August, 2026, swept through Ibarapa-East local government area of…

    There is no Masquerade: Let The Records Speak:A Point-by-Point Response to Morohunkola Thomas by Chief Jubril Dotun Sanusi

    August 28, 2026

    Jubril Dotun Sanusi celebrates students, teachers and parents, challenges school to raise the bar

    August 28, 2026

    2027: Ekiti PDP, APM form alliance for Makinde presidential bid

    August 27, 2026

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    Goal Poacher News
    Facebook X (Twitter) Instagram WhatsApp
    • Home
    • Lifestyle
    • Arts & Culture
    • Travel
    • Buy Now
    © {2026} Goalpoacher News . Designed by SPLASH ARTS. CONTACT US ON 08059330901

    Type above and press Enter to search. Press Esc to cancel.