Oil marketers have said that the Nigerian National Petroleum Company Limited (NNPCL) 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.
Recall that amid marketers’ complaints over their inability to order petrol, the NNPC confirmed the shutdown of its purchasing portal to our correspondent last month, giving its reasons.
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 backlog to address. The closure is intended to prevent us from holding marketers’ funds for an extended period,” Soneye had explained.
He, however, assured marketers that the portal would be reopened after the backlog had been reduced.
“It will be reopened once the backlog has been sufficiently reduced. We are working to address it as soon as possible,” he told our correspondent.
Marketers who spoke with our correspondent confirmed that NNPC was expediting actions to clear the backlogs as of the weekend.
