Success Nwogu 
Oil producers under the aegis of the Independent Petroleum Producers Group (IPPG) have called on the Nigerian National Petroleum Company Limited (NNPC Ltd) to redirect its allocated 445,000 barrels of oil per day (445kbopd) intervention crude oil volume to Dangote Petrochemical Refinery and other local refineries to mitigate the current crude supply shortage being experienced by the local refiners.
The Chairman of IPPG, Abdulrazak Isa, in a letter to the Chief Executive Officer, Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe, also said the NNPC Ltd should utilise its allocated 445,000 barrels of oil per day (445kbopd) intervention crude oil volume to salvage the current situation as it had done in many instances in the past.
The letter was copied to: the Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun; Minister of Trade and Investment, Mrs. Doris Uzoka-Anite; and Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri.
Others were the Special Adviser to the President on Energy, Mrs. Olu Verheijen; Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso; Group Chief Executive Officer, NNPC Limited, Mallam Mele Kyari; Chief Executive Officer, Nigerian Midstream and Downstream Regulatory Authority (NMDRA), Engr. Farouk Ahmed; and Executive Chairman, Federal Inland Revenue Service (FIRS), Dr. Zacc Adedeji.
While affirming the group’s commitment to enhancing the efficiency of the petroleum value chain within the Nigerian economy, Isa said some IPPG members already owned and or were supplying crude oil to local refineries but insisted that the NNPCL was in a good position to mitigate the current crude supply shortfall faced by local refiners by leveraging its statutory crude allocation for meeting local domestic consumption.
