Sunday, December 24, 2017

Fuel Scarcity To End Soon, Marketers Already Loading Products – NNPC

 

     Six major petroleum marketers are already loading products round the clock from their various depots in Lagos for onward trucking to all parts of the country.

   This is according to the Nigerian National Petroleum Corporation (NNPC), as part of its intensified efforts to flood the market with Premium Motor Spirit (PMS), otherwise called petrol and other products. NNPC Group General Manager, Group Public Affairs Division, Mr Ndu Ughamadu, who disclosed this in a statement issued by him on Saturday in Abuja, listed the marketers to include Total, Forte Oil, Oando Plc, MRS, 11 Plc and Nipco Plc.

    “The supplies are mostly from cargoes of PMS imported to 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,” he said. Ughamadu further conveyed NNPC’s assurance to Nigerians to remain calm and not to engage in panic buying of petrol, saying the end of the challenge is near. He, however, warned marketers against hoarding the products as security agencies working with industry regulators would mete out appropriate sanctions to defaulters.

   He also recalled that NNPC GMD, Dr Maikanti Baru, had earlier in the week, stated that the Corporation’s one billion litres PMS cargo imports had started to arrive in the country. According to him, Baru said the supplies of products to parts of the country had been doubled to 80million litres per day since the current hiccup in the supply chain was noticed. The statement comes as part of efforts by the Corporation to allay the fears of Nigerians amid the difficulties the fuel scarcity had caused in most states with just a day and few hours to Christmas.
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