NNPC portal shutdownagainst dealers, says Marketers

NNPC portal shutdownagainst dealers, says Marketers

NNPC portal shutdownagainst dealers, says Marketers …C0NTINUE READING HERE >>>

Oil marketers have said that the Nigerian National Petroleum Company Limited portal used to purchase petrol has been shut against dealers, making it impossible for them to apply for the commodity purchase.

They said marketers are still awaiting over 90 million litres of petrol from the state-owned company. This is valued at about N79bn.

According to NNPC spokesperson, Olufemi Soneye, the company shut the portal due to a significant backlog.

Soneye explained that the shutdown became necessary to stop NNPC from holding marketers’ capital for too long.

“We have a significant…

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