Fuel scarcity: NNPC to Deliver 1.7b Litres Stock
POLITICS DIGEST – The Nigerian National Petroleum Company (NNPC) Limited said that it would deliver over 1.7 billion litres of PMS on marine and on land as the fuel scarcity persists across the nation.
It also said that it had no plans to adjust the current price of PMS in the market.
The Group Managing Director, Nigeria National Petroleum Corporation Limited (NNPC), Malam Mele Kyari gave the assurance in a joint briefing with Major Oil Marketers Association of Nigeria (MOMAN), Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) and Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) at the NNPC towers in Abuja.
The GMD noted that the current fuel queues at the filling station were down to panic buying.
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He urged Nigerians to desist from panic buying and buy what they need per day, adding he was working relentlessly with partners to ensure that the product reaches every part of the country.
“NNPC is further intensifying efforts to resolve distribution hitches being experienced in some parts of the country due to logistics issues. We have engaged depot operators to load product round the clock to accelerate the restoration of normal distribution.
“We have capacity now to load from all depots. We are currently running 24 hours loading from all our depots and we believe this will close the gap created by panic buying. We hope this will bring normalcy to the system soon he believed,” he said.
The GMD also disclosed that the corporation had engaged the services of government, security agencies to ensure that all products loaded got to the right destination adding that sanction will be melted to any operator selling above the stipulated pump price.
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