Better days are ahead for petroleum consumers as the Nigerian
National Petroleum Corporation (NNPC) and the Major Marketers
Association of Nigeria (MOMAN) exchanged vows to ensure seamless supply
across the country.
MOMAN Chief Tunji Oyebanji, right, with Maikanti Baru |
Speaking during a MOMAN Chief Executive Officers Strategy Retreat
Dinner held in Abuja at the weekend, Group Managing Director of the
NNPC, Dr. Maikanti Baru, said the corporation, as the supplier of last
resort, would continue to strengthen its relations with MOMAN to avoid
any supply gap in the Downstream Sector.
NNPC Group General Manager, Group Public Affairs Division, Mr. Ndu
Ughamadu, in a release stated that Dr. Baru appreciated MOMAN for
being a dependable ally in the supply and distribution of petroleum
products nationwide.
Dr. Baru stated that MOMAN was a force to be reckoned with in the
Downstream Sector of the petroleum Industry, saying other players like
the NNPC Retail Limited were in the business not to compete, but to
complement the leadership role of MOMAN in the Downstream value chain.
“We maintain good relations with MOMAN which have helped to ensure
that there is products availability nationwide during the last Yuletide
and the just concluded election period. MOMA is living up to our
expectation as partners. NNPC is ready to escalate whatever
recommendations the Association comes up with at the end of its retreat
to appropriate authorities,” Dr. Baru informed.
He stated that the Petroleum Industry Governance Bill (PIGB), when
finally passed, would further strengthen and boost the business
operations of MOMAN across the country, stressing that the MOMAN
workshop was apt as it would galvanize the Association to brace up for
the imminent reforms in the Oil and Gas Industry.
The NNPC helmsman urged MOMAN to always keep its contractual
obligations to the NNPC, adding that remittances from the Association go
into the Federation Accounts Allocation Committee (FAAC) to service the
needs of the various tiers of government.
On his part, MOMAN Chairman, Mr. Tunji Oyebanji, assured that the
Association was a partner like no other, saying it was a dependable ally
in the supply and distribution of petroleum products business in the
Country.
He pledged MOMAN’s continued collaboration with NNPC, even as he
disclosed that the Association was repositioning preparatory to the
impending future change in the Industry.
“We have an outstanding relationship with NNPC and its downstream
subsidiary, the Petroleum Products Marketing Company (PPMC). We will
continue to improve on the relationships to take the Downstream Sector
of the Oil and Gas Industry to enviable heights,” Mr. Oyetunji
reassured.
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