A new petrol import scheme put in place by the Nigerian National Petroleum Corporation (NNPC), is enmeshed in controversy as marketers accuse the management of the state oil firm of nepotism and of allegedly favouring indigenous oil firms with links in the current administration, Premium Times reports.

Some marketers involved in the recently introduced Direct-Sale–Direct-Purchase (DSDP), crude oil swap arrangement by the NNPC say the scheme is worse in terms of transparency than the crude oil swap arrangement that obtained during the Goodluck Jonathan administration. The marketers accuse the NNPC management of preferential treatment for allegedly approving a discriminatory price regime for different indigenous oil marketing firms participating in the scheme.

But, the Group Executive Director, Crude Oil Marketing Department of NNPC, Melee Kyari, said on Wednesday in Abuja that those criticizing the corporation got the whole concept of the DSDP wrong. He said apart from the bids each of the companies was expected to submit, the NNPC decided to impose additional obligations on the marketers who were willing to support government’s effort to rehabilitate and maintain its dilapidated infrastructures. The NNPC spokesperson, Ndu Ughamadu, also defended the programme.

 

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