Fuel scarcity: NNPC Implements Measures To Ensure Only Amount Needed Purchased

The Nigerian National Petroleum Corporation (NNPC) has begun loading trucks at all of its depots in order to alleviate the country’s current scarcity.

The NNPC stated that 1.7 billion litres of gasoline were currently available in stock.

After meeting with the National Union of Petroleum and Natural Gas Workers (NUPENG) and Petrol Tanker Drivers, the NNPC Group Managing Director, Malam Mele Kyari, told journalists in Abuja (PTD).

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The meeting was also attended by the Depot and Petroleum Marketers Association of Nigeria (DAPMAN) and the Major Oil Marketers Association of Nigeria (MOMAN).

With fewer stations dispensing the product, Kyari noted that the additional fuel would end the long lines that had formed in Abuja and other parts of the country.

“At the moment, we have over 1.7 billion litres of fuel in our possession, both on land and at sea.”

“This means we have a lot of capacity to load out of all of our depots.” We’ve taken steps to ensure that all of our depots can load 24 hours a day, seven days a week.

“The scarcity created by panic buying will now be relieved, allowing normalcy to return to filling stations across the country,” he said.

Kyari stated that the shortage will be resolved very soon, and that neither the Federal Government nor the NNPC had any plans to raise the price of gasoline at the pump.

He urged retailers not to sell gasoline for more than the government-approved price.

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He added that the NNPC would impose any legal sanctions on any defaulting depot owner in order for Nigerians to be able to purchase the product at the approved price.

He did, however, apologize to Nigerians for the inconveniences they had experienced at gas stations and urged consumers to only purchase the amount of fuel they needed.