The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has urged petroleum products marketers to stick to the N145 per litre approved pump price for petrol in order to make life easy for Nigerians.

 

He gave the charge in Abuja while presenting a commendation letter to the Managing Director of BOVAS & Company Ltd, an Ibadan-based petroleum marketing company, for consistently selling petrol at the approved price of N145 per litre.

It would be recalled that late last year, acute fuel scarcity hit Nigeria giving rise to abitrary increase in pump price per litre of petrol by marketers. To date, the pump price per litre soars between government approved price of N145 to N300 with no solution in sight.

Baru said NNPC was fully convinced that it was possible for oil marketers to sell petrol at the approved price and still make a decent profit, urging other marketers to emulate BOVAS.

 

He said the Corporation decided to recognize BOVAS and its Managing Director, Mrs. Victoria A. Samson, for helping the government to make life easy for Nigerians by selling petrol at the regulated price.

 

According to a statement by the Group General Manager, Group Public Affairs Division, NNPC, Ndu Ughamadu, Baru said: “It is on record that you have consistently demonstrated not only your ability to supply products to the market, but also to do so within the government controlled price of N145 per litre.  You are even matching the NNPC Retail price by selling at N143 per litre.  That is quite commendable.

 

“By doing what she does, Mrs. Samson has been making life much easier for Nigerians. That is why we gave her a Commendation Letter as well as a plaque to recognize her efforts,” he added.

 

He assured her of NNPC’s readiness to support her company with necessary interventions to keep the company well supplied with petroleum products in order for it to serve its areas of operation well.

 

Responding, Mrs. Samson thanked the NNPC Management for the kind gesture, adding that her filling stations nationwide have maintained the N145 regulated price for petrol even during periods of supply shortage.

 

“Without doubt, this gesture will spur me to further do my best and continue to supply products at affordable prices for the benefit of all Nigerians,” an elated Mrs. Samson said.

 

She said BOVAS would continue to work with the Managements of NNPC/PPMC not only to provide petroleum products at approved prices to Nigerians without diversion but also to resolve the current fuel crisis.

 

Established in 1980, BOVAS is a leading indigenous independent petroleum marketing company with a network of filling stations in various states across the nation including Oyo, Lagos, Osun, Ondo, Ekiti, Kwara, Kogi and Niger States.