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Oil Marketers Blame Disruptions On NIMASA, NPA Dollar Charges



The Oil Marketers Association of Nigeria has blamed charges in foreign exchange by the Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigerian Ports Authority (NPA) as creating disruption in market operations.


The marketers have, therefore, asked the agencies to obey federal government’s directive on Naira transactions for ports charges.


Vice chairman II, Depots and Petroleum Products Marketers Association of Nigeria (DAPPMAN), Mahmood Tukur, stated this on Sunday.


The federal gvernment through its downstream regulator, and based on agreement reached with stakeholders, had earlier directed ports charges to be collected in Naira.


The directives was contained in a communique issued in November 2021, and signed by heads of the Nigeria Midstream and Downstream Petroleum Regulation Authority, Nigeria National Petroleum Company Limited (NNPC Ltd), Major Oil Marketers Assocoation of Nigeria and DAPPMAN.

Tukur alleged that the agencies were yet to comply with directives and continue to collect charges in dollars.

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