PPPRA, is set to publish a list of accredited international companies that supply Nigeria with refined petroleum products, as part of ongoing measures to sanitise and streamline downstream operations.
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The list, which has been compiled and awaiting ministerial approval, may contain about 20 companies comprising both local and foreign companies, which either lift crude or supply refined products.
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Accordingly, all marketers or trading companies wishing to import refined petroleum products under the Petroleum Support Fund, PSF, are expected to do so through the accredited companies for proper documentation and reimbursement.
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Confirming the development in Lagos, yesterday, the Executive Secretary, PPPRA, Mr. Reginald Stanley, who could not confirm the exact number of participants, as it was still awaiting approval and therefore, subject to change, however, threatened to sanction any supplier who slips from the code of conduct upon the publication of the list.