What we are doing to end petrol scarcity — NNPC

PIC.1.FUEL QUEUE AT PETROL STATION IN ABUJA ON TUESDAY (29/3/16). 2592/29/3/2016/HF/CH/NAN

The Nigerian National Petroleum Corporation (NNPC) says it is intensifying efforts to flood the market with petrol and other products to ease scarcity pervading the country.

Motorists and travellers have been groaning in pains in the last two weeks over persistent fuel scarcity across the country.

The NNPC spokesman, Ndu Ughamadu, said on Saturday in a statement that already, six major marketers, namely, Total, Forte Oil, Oando Plc, MRS, 11 Plc and NIPCO Plc, were loading products round the clock from their various depots in Lagos for onward trucking to other parts of the country.

“The supplies are mostly from cargoes of PMS imported by NNPC which are daily berthing, and immediately being made to discharge their products to stem the supply hiccups.

“The imported products are also being supplemented by supplies from the local refineries.

“NNPC assures Nigerians to remain calm and not to engage in panic buying as the end of the challenge is nigh.

“Marketers are strongly advised against hoarding as security agencies, working with industry regulators, will mete out appropriate sanctions to defaulters,” Mr. Ughamadu said.

The NNPC Group Managing Director, Maikanti Baru, had earlier in the week, said the corporation’s one billion litres of PMS cargo imports had started to arrive.

He said supplies to various parts of the country had been doubled to 80 million litres per day since the current hiccup in the supply chain was noticed few days back. (NAN)


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  • Mani_Kay

    NNPC CAN DO NOTHING ….. THE FUEL SCARCITY WAS CAUSED BY US PRESIDENT DONALD TRUMP

  • George

    No matter what NNPC would attempt at reducing the scarcity little results will be witnessed without security agencies and EFCC monitoring the NNPC depot staff and the DPR official at the states who are just selling the product to marketeers after paying for the product.
    Marketers are afraid to come out to challenge this unwholesome act because they believe​ they will be deprived opportunity to be in business by the depot and DPR staff.

  • Steve

    This is why deregulation isnt the best choice for the downstream sector. A few oil marketers are holding the entire nation to ransom by hoarding fuel and creating artificial scarcity just to score selfish points and selfish interest.