Top News

Fuel scarcity bites harder in Lagos, Abuja, other cities despite NNPC’s assurances

Fuel scarcity bites harder in Lagos and its environs despite the assurances by the Nigerian National Petroleum Corporation (NNPC) of over 80 million litres daily supply to Lagos,  Abuja and other major cities.
Most filling stations visited by the Nigerian Tribune on Thursday were shut due to non-availability of products while the few ones that were selling had long queues of vehicles waiting endlessly to get the product.
One of the two NNPC Retail Stations situated on Kudirat Abiola Way, Oregun, was out of stock while the other was dispensing to motorists at N145 per litre.
Mobil, Total and Conoil filling stations along the same route were also dispensing to motorists.
The same thing with Mobil, Conoil, and Oando filling stations in Maryland; Mobil at Anthony wasn’t dispensing, MRS and NNPC Retail Stations at Palmgrove were also dispensing.
Nipco, Forte, Conoil, and Total at Fadeyi were also dispensing. Yet, the stations were besieged with long queues of vehicles.
However, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has said that the corporation doubled the daily supply of Premium Motor Spirit (PMS), otherwise called petrol, from daily 700 trucks (about 27million – 30million) litres per day supply to 80million litres per day since the current hiccup in the supply chain was noticed a few days back.
The GMD attributed the hiccups in the supply of PMS to rumours about the purported planned increase in the price of petrol.

He stated that some marketers, in their quest to cash in on the situation, suddenly started hoarding products.

“But we swiftly swung into action by doubling our supply nationwide. At the time the rumour started, we had about 30-day sufficiency. The normal daily supply to the nation is 700 trucks, equaling about 27-30m litres per day,” he said.

He further informed Nigerians that the NNPC has enough products sufficiency that will last up to 30 days.

Dr. Baru said that at least a billion litre petrol laden cargoes were heading to Nigeria shores at the end of December which he noted would return the Country to a 30-day-plus sufficiency.

S-Davies Wande

Recent Posts

We receive over 1,800 loan applications from students daily – NELFUND

NELFUNDhas disclosed that the Fund now receives an average of 1,800 student loan applications daily,…

20 minutes ago

Insurgents use armed drones, sophisticated weapons — Reps

Aggrieved members of the House of Representatives on Tuesday, expressed grave concerns over the heinous…

23 minutes ago

Africa’s economic future tied to secure data sharing — VP Shettima

Vice President Kashim Shettima has emphasised that Africa’s economic prosperity hinges on the continent’s ability…

29 minutes ago

National housing policy to address rising cost of rent, others — NIESV

"If we have that, then we will be able to use the instrumentality of that…

46 minutes ago

Gov Nwifuru has kept campaign promises — Commissioner

Ebonyi State Commissioner for Works, Mr Lebechi Mbam, has noted that Governor Francis Nwifuru has…

48 minutes ago

Red flags! Seven ways to identify a Ponzi scheme

Investing is one of the best ways to grow your money, but it also comes…

54 minutes ago

Welcome

Install

This website uses cookies.