Sunday, 08 September 2024 14:44

[OPINION] Amongst NNPCL, Dangote And Muric - Jesutega Onokpasa

I have been laughing at the back and forth between the Nigerian National Petroleum Corporation Limited, NNPCL, and the Muslim Rights Concern, MURIC.

The leader of MURIC, Professor Ishaq Akintola, clearly does not understand anything about the oil and gas industry and only succeeded in advertising his ignorance on a topic he knows next to nothing about when he picked his needless fight with our national oil company.

One very talkative woman has been all over social media, similarly broadcasting her low intelligence conceptualisation of the matter.

What Nigerians need to understand is that the only way Dangote's fuel can howsoever be affordable for the average Nigerian is for NNPCL to be its sole offtaker, at least of the component of his product meant for local consumption.

That way, NNPCL will more or less do what it has been doing thus far with the Federal Government to make it available to consumers below its actual cost.

Dangote, on his part, is obviously reluctant to tell Nigerians what his fuel costs per litre because it could even be as high as ₦1300, if not way more!

Indeed, nothing would alarm Dangote more than for NNPCL to refuse to be his middleman because he would then have to sell directly to independent marketers who would in turn dispense to Nigerians at such a high price that he would immediately become miserably unpopular contrary to his posturing that he has come to save the day.

NNPCL is not forcing Dangote to sell exclusively to it; it is rather Dangote that is begging NNPCL to be the sole buyer of his products.

If you know, you know.

If you don't know, just keep quiet for once, for God's sake.

Contrary to the crass ignorance being displayed by Professor Akintola, no marketer would ever go directly to Dangote to load up fuel when they know they will get it far cheaper from NNPCL as an offtaker.

Ignorance is not bliss; it is a disease in need of a cure called "knowledge".



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