When in march,1988 the NNPC was reorganized for the purpose of proper capitalization and commercialization, one of the subsidiaries created was the pipelines and product marketing company (PPMC).The creation of PPMC is perhaps the most significant event of the 1988 reorganization of the NNPC, because the establishment of this subsidiary is directly responsible for the comparative ease with which petroleum products are sourced and distributed to all parts of the country, at a uniform price: a phenomenon which Nigerians have come to take for granted. This brochure introduces the pipelines and product marketing company limited, (PPMC) a subsidiary of the Nigerian National Petroleum Corporation (NNPC) which ensures, among other things, the availability of petroleum products to sustain our industries, run automobiles and for domestic cooking.
Up till 1965 when Nigeria’s first petroleum refinery was established in port-Harcourt by shell and British Petroleum (BP), petroleum products used in the country were imported. The importation of petroleum products continued even after the refurbishing of the old Port Harcourt Refinery, which was damaged during the Nigerian civil war. For quite sometime therefore, marketers and consumers of petroleum products in Nigeria depended on external sources for the products.
Today, the story is quite different. The marketing companies (major and independent) now distribute most of the products to the end users after receiving supply from this NNPC subsidiary.