NEWS

Efforts Intensified To Ease Petrol Scarcity, NNPC Says

The Nigerian National Petroleum Corporation (NNPC) says it has intensified efforts to flood the market with Premium Motor Spirit (PMS) otherwise known as petrol, as well as with other products.
A statement by the Corporation says, already six major marketers: Total, Forte Oil, Oando Plc, MRS, 11 Plc and Nipco Plc, are now loading products round the clock from their various depots in Lagos for onward trucking to all 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 statement added.
Nigeria has been faced with acute petrol scarcity resulting in untold hardship for commuters and motorists. Many Nigerians have had to cancel their holiday travel plans as a result of skyrocketed transport fares.
“The imported products are also being supplemented by supplies from the local refineries,” the NNPC added, while urging 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, would mete out appropriate sanctions to defaulters,” the statement further warned.

Poll
Will private management of Nigeria's refineries be a success story?

Subscribe To Newsletter

Petrochemistry 2020 Conference
Click to comment

Contact Us!

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

To Top