Sergius Ogun, a member of the petroleum committee of the House of Representatives, has revealed that petroleum product marketers pay for logistics services in dollars even though the Federal Government prohibits local transactions in foreign currency.InformationGuideNigeria
According to Ogun, merchants paid in U.S. dollars to hire daughter ships that transported merchandise discharged from mother ships.
In addition, he claimed that the Nigerian Ports Authority and the Nigerian Maritime Administration and Safety Agency were collecting income in dollars in violation of a presidential mandate.
Thursday, when appearing on the Channels Television breakfast news program Sunrise Daily, the politician made this announcement.JAMB Portal
Ogun referred to a resolution passed by the House on Tuesday, which demanded that the Nigerian National Petroleum Company Limited maintain a seven-day supply of premium motor spirit, often known as gasoline.
At the plenary on Tuesday, the House had particularly asked NNPCL to “end this artificial scarcity within the next one week to ease the suffering of Nigerians,” while calling on the Nigerian Midstream Downstream Petroleum Regulatory Commission to “seek the collaboration of the Nigeria Police Force and the DSS to ensure that fuel is sold at the regulated price and in all retail outlets.”
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In the interview, Ogun partly said, “I think this is doable in seven days. The challenge is that there is a shortfall in supply. The suppliers were not willing to give the refined product because NNPC owed them.
“The mother vessels that bring the refined products are in Lagos and the daughter’s vessels are going there to take. You charter those daughter vessels with dollars. They said it used to be about $30,000, but now, it is about $60,000. Also, the NPA takes its docking charges in dollars. NIMASA take their fees in dollars.
“I heard that there was a memo from the (Presidential) Villa by the late Abba Kyari, the Chief of Staff to the President, who met with the then Minister of Transportation, Rotimi Amaechi, and other government agencies and directed that they should start taking their tariffs and fees in naira but he was ignored. These people (marketers) are going to the black market to buy dollars because the CBN (Central Bank of Nigeria) is not giving them dollars for these transactions with government agencies within the country.NYSC Portal
“Now, you are wondering why there is scarcity. NNPC is broke; they are not remitting money to the federation account and they don’t have money to pay suppliers. They can’t deny this. If they deny, just ask them to bring their stock record for November/December 2020, November/December 2021, and this year.”
