The Nigerian National Petroleum Corporation (NNPC) has been commended by Independent Petroleum Marketers Association of Nigeria (IPMAN) for ensuring stability in the supply of fuel and petroleum products in the system. 

Mr. Mike Osatuyi, National Secretary of IPMAN, who disclosed this commendation also attributed the positive development to the competent hands being appointed to head the various parastatals under the Ministry of Petroleum Resources, equally lauding the Federal Government’s efforts to curb crude oil theft in the country.

 Osatuyi noted that the Minister of Petroleum Resources, Dr Diezani Alison-Madueke has demonstrated her commitments to use experienced and qualified hands for sensitive jobs in her ministry through the appointments of the Group Managing Director of NNPC, Mr. Andrew Yakubu, and Executive Secretary of Petroleum Technology Development Fund (PTDF), Dr Oluwole Oluleye.

He also commended the leadership of the Petroleum Resources and the Pipeline and Product Marketing Company (PPMC) under Prince Haruna Momoh for supplying enough fuel into the system.

He reassured that IPMAN would continue to work with PPMC in all the 21 depots across the country to ensure that there was seamless product supply to all the nooks and crannies of Nigeria.

Osatuyi acknowledged there was evidence in both the upstream and downstream sub-sectors of the industry to show that the minister’s appointment was justified as she had launched the country on the path of sustainable growth.

He however listed some of the achievements of the NNPC to include steady supply of petroleum products throughout the country in the last four months and the unveiling of the Nigerian Content Act recently signed into law by President Goodluck Jonathan, noting that this had increased indigenous capacity for long term survival of oil and gas industry.