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NNPC To Collect Charges For Petrol In Naira

NNPC To Collect Charges For Petrol In Naira

The Nigerian National Petroleum Corporation (NNPC) has been directed by the Federal Government of Nigeria to start the collection of freight charges in Naira denominated invoices for excess capacity for coastal movement of Petroleum products using the Import and Export (I&E) window rate for now. Information Guide Nigeria

The Government gave this announcement at a stakeholders meeting held at the Federal Palace Hotel in Lagos.

According to THE NATION, this meeting was held to address claims of possible fuel scarcity in the country.

THE NATION reports that the Federal Government directed petroleum marketers to revert to official depot price in the country assuring them of supply of sufficient Premium Motor Spirit across the country.

The Communique at the end of the meeting reads in parts, “NMDPRA to engage stakeholders on the reconciliation of bridging charges. The current bridging and administrative charges shall continue to apply.’’

“Marketers / Depot Owners are to start charging the official depot price immediately.

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“NMDPRA will engage stakeholders within the first quarter of 202 on the implementation guidelines and timelines of the Petroleum industry Act 26071.

“All stakeholders agreed to collaborate to ensure smooth and sufficient supply and distribution of petroleum products to all parts of the country. Jamb Result

“MOMAN and DAPPMAN are to immediately communicate this resolution to marketers.”

According to THE NATION, the meeting was chaired by the Chief Executive of NMDPRA, Farouk Ahmed and was attended by representatives from the NNPC, Major Marketers Association of Nigeria (MOMAN) Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA),  Nigerian Maritime Administration, and Safety Agency (NIMASA), NPA, and Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN).

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Idongesit Akpa-Ayang

Idongesit is a graduate of Communication Arts, University of Uyo. Currently working as a news reporter at InfoGuide Nigeria.

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