NNPC promises fuel scarcity will end this week

Fuel scarcity chaos

NNPC promises fuel scarcity will end in Lagos, Abuja

By Jeph Ajobaju, Chief Copy Editor

Fuel scarcity and the resulting long queues at fuel stations in commercial hub Lagos and federal capital Abuja will end by Thursday this week, Nigerian National Petroleum Corporation (NNPC) Managing Director Mele Kyari has promised.

He said supply disruptions have been resolved, stressing the NNPC is aware of issues about pricing but expects pump price to return to normal for consumers.

“First of all, there are issues around supply disruptions, this we are overcoming it, we have resolved them, and in the next three to four days, people will see relief and it (fuel queues) will vanish,” Kyari explained on Arise News on Sunday.

“As we all know, there are no fuel queues in most parts of the country except Lagos and Abuja and we understand the real logistics issues and I am confident within the next two-three days this will vanish.”

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“There is no question around [fuel price]; the President has authorised his discretion, and the right decision to increase the cost of transporting fuel by N10, that means transporters will be able to take products from any depots to the furthest fuel station without any delay,” Kyari said, per reporting by Nairametrics.

“We also acknowledge that there are some facing logistic challenges, particularly in the marine sector we are resolving those, and convinced that prices will normalise very soon.”

Independent Petroleum Marketers Association of Nigeria (IPMAN) blame recurrent fuel scarcity in Lagos and its environs on the inability of the Pipelines and Product Marketing Company (PPMC) to supply products to Ejigbo depot.

IPMAN wants its members to be able to buy fuel from the PPMC, a subsidiary of the NNPC, so they can sell at N165 per litre at retail outlets.

“We are still waiting for the PPMC to supply products to our depot so that we can buy at the controlled price and can also sell at N165 per litre at our retail outlets,’’ the IPMAN said.

Jeph Ajobaju:
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