The Nigeria National Petroleum Corporation (NNPC) branded affiliate petrol stations owners have cried out that they have been operating at a loss following their partnership with the corporation.

They also lamented that despite their several requests that the NNPC Retail Limited, the unit in charge of the transaction for an upward increase of their profit margins to at least N4.50, the management of the Corporation a long time before consideration is yet to acede to the request.

Speaking in Abuja at the official inauguration of the Federal Capital Territory (FCT) chapter of the association, the National President, Chief Andrew Achiga regretted that it had been so difficult to get the NNPC Retail management to discuss for final approval of the margin increase over time, stating that “we have been operating at a loss since the partnership started.”

Speaking after been sworn in, the FCT chairman of the association, Elder Ubolo Itodo Okpanachi stated that they are in the partnership with the NNPC Retail Limited with the objective of serving the Nigerian people most effectively.

“We appeal to the national officers to always dialogue with the NNPC in a way that our primary motive of been in the business is preserved at all times.”

He however, sought for cooperation from the NNPC Retail to ensure that petroleum products are brought to the door steps of the people at no extra cost.


[The Nation]