Membership

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BECOME A MEMAN MEMBER

Welcome to MEMAN! Becoming a member is a straightforward process outlined in our New Membership Framework below. Here's how you can join:

MEMAN offers two categories of membership:

  • Full Members
  • Associate Members

Application Process:

To become a Full or Associate member, follow the detailed procedure laid out in the MEMAN New Membership Framework in the MEMAN Constitution. This framework, outlined below, provides a step-by-step guide that is periodically updated by our Executive Committee.

Make sure to comply with the conditions specified to be eligible for membership.

Executive Committee Approval:

The Executive Committee, through a two-thirds majority vote, decides on the admission of new members based on the Framework and Conditions.

Member Rights and Responsibilities:

Once admitted, every member must adhere to our Constitution, subject to amendments. Annual subscriptions are payable by each member.

Members have the right to participate in General Meetings and appoint a representative to the Executive Committee. However, certain limitations apply to Associate Members during Association meetings.

Suspension and Termination:

Membership may be temporarily suspended at the Executive Committee's discretion to allow the member an opportunity to remedy any breach. Failure to rectify the situation within two months, or as determined by the Executive Committee, may result in automatic termination.

Termination events include resignation, liquidation, or failure to abide by the Constitution. Members who cease to be part of MEMAN remain liable for any outstanding dues and must promptly discontinue any association representation.

To maintain the integrity of MEMAN, members who cease their affiliation must promptly cease representing themselves as members and return any Association property in their possession to the Chief Executive Officer/Executive Secretary.

Join us and be an integral part of MEMAN!

THE NEW MEMBERSHIP FRAMEWORK

  1. Introduction

The Major Energies Marketers’ Association of Nigeria (hereinafter referred to as “MEMAN”) is a not-for-profit association incorporated as The Incorporated Trustees of the Major Energies Marketers’ Association of Nigeria to represent the collective interests of the major marketers of the Nigerian energies industries and address the distribution/allocation challenges amongst energy marketers.

  1. Membership Overview
  • Membership of MEMAN (either as a Full Member or an Associate Member) is open to any duly registered company under the laws of the Federal Republic of Nigeria that:
    • meets the minimum entry criteria set; and
    • successfully emerges from the membership verification exercise to be conducted by MEMAN.
  • The membership application process shall be as follows:
    • The application form is obtained, filled, and returned to the MEMAN secretariat along with the stipulated non-refundable application fee. All the certified true copies of corporate and constitutional documents requested for in the application form should be submitted along with the application form.
    • Applicants must be sponsored by at least one member of MEMAN which has been a financial member for at least three years prior to the application. To this end, a sponsorship form is to be filled and submitted with the application form.
    • Following the above, MEMAN shall screen the applicant’s documents and carry out a due diligence exercise. If considered eligible, the Chief Executive Officer of the applicant shall be invited for an interview with the Executive Committee of MEMAN.
    • Applicants that emerge successful following the Executive Committee interview shall be offered admission as either associate or full members into MEMAN contingent upon their paying the prescribed fees and meeting the conditional admission criteria set out in their letter of conditional admission offer.
    • Where an applicant is found ineligible, the MEMAN secretariat shall advise them in writing. Such an applicant may re-apply after a minimum of two financial years.

    • An applicant (either associate or full member) who accepts the conditional offer and meets the prescribed criteria shall be admitted to MEMAN as a conditional member for a probationary period of twelve (12) calendar months. The MEMAN Executive Committee reserves the right to extend or reduce this probationary period.
    • During this probationary period, the conditional member must comply with laws, regulations, best practices, and standards of ethical and professional behavior set out in the MEMAN Membership Charter and the MEMAN Constitution (copies of which would be provided). Also, during this probationary period, conditional members who are deficient in certain facets of the membership criteria must use this period to ensure all the gaps are addressed and eliminated.
    • After the probationary period, MEMAN Executive Committee would meet and agree on whether or not to remove the conditional membership status.
    • The outcome of this meeting is communicated to the conditional member in writing. In the event a company still maintains the conditional membership status, the communication from MEMAN would either indicate an extension for another twelve (12) calendar months of its conditional membership or its termination. A conditional member is allowed a maximum number of two (2) cumulative extensions.
    • In the event of a termination of the conditional membership, the company may choose to re-apply after a minimum of two financial years.

FULL MEMBERSHIP CRITERIA

  1. Registered Company: Must be a duly registered company under the laws of the Federal Republic of Nigeria and is significantly and permanently engaged in the marketing of energy products in Nigeria.
  2. Years in Current Business: Minimum of 50years in the marketing of energy products in Nigeria.
  3. Size of Business: Large scale business with a minimum balance sheet of =N= 50billion.
  4. Corporate Governance: Institute of Directors OR Financial Reporting Council of Nigeria.
  5. Quality of HSEQ Policy: An HSEQ Policy charter and possession of a Safety and Quality Management System (ISO 9001 and ISO 14001)
  6. Market Capitalization: Minimum of =N= 100billion.
  7. Investment made in an aviation port.
  8. Investment and blending facilities or manufacturing with local content.
  9. Financials audited by Triple A auditors.
  10. Storage and depots audited and inspected by an international inspection body, e.g., BV, a major energy company, Shell BP, Total Energies, etc.
  11. It shall have signed and sent to the Chief Executive Officer /Executive Secretary a duly completed application for admission framed in such terms as the Executive Committee may from time to time prescribe; and
  12. It has been admitted as full member of the Association by the Executive Committee of the Association.

ASSOCIATE MEMBERSHIP CRITERIA

  1. Registered Company: Must be a duly registered company under the laws of the Federal Republic of Nigeria and is significantly and permanently engaged in the marketing of energy products in Nigeria.
  2. Years in Current Business: Minimum of 10years in the marketing of energy products in Nigeria.
  3. Corporate Governance: Internal initiatives.
  4. Retail Outlets: Operate less than One Hundred and Fifty (150) service stations and depot facilities.
  5. Quality of HSEQ Policy: Internal initiatives.
  6. Storage Capacity: Storage capacity of 20,000m3 or less.
  7. Market Capitalization: =N= 100billion or less.
  8. Turnover: Minimum turnover of =N= 50billion.
  9. Physical Evidence showing full payment of all government rates.
  10. It shall have signed and sent to the Chief Executive Officer/Executive Secretary a duly completed application for admission framed in such terms as the Executive Committee may from time to time prescribe; and
  11. It has been admitted as Associate member of the Association by the Executive Committee of the Association.

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