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Lack Of Fuel:
2 Billion Liters Available – NNPC

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Lack Of Fuel:
2 Billion Liters Available – NNPC

According to the Nigerian National Oil Company, there are 2 billion liters of premium motor stock in his spirit.

Marketers finally hike petrol price to N170-N190/litre

This was included in a statement by Adeyemi Adetunji, NNPC Limited’s Executive Vice President of Downstream.

Adetunji said having more than 2 billion liters of inventory is enough for him for more than 30 days.

He said NNPC programs ships and trucks for unlimited depots, but bulk shipments from depots to states are closely monitored to ease fuel queues.

“The recent queues in Lagos are largely due to ongoing road infrastructure projects around Apapa and access road challenges in Lagos.

“The gridlock is easing out and NNPC Ltd has programmed vessels and trucks to unconstrained depots and massive load outs from depots to states are closely monitored,” he said.

Adetunji said that Abuja was impacted by the challenges recorded in Lagos, adding that NNPC retail and key marketers had intensified dedicated loading into Abuja to restore normalcy.

“We want to reassure Nigerians that NNPC has sufficient products and we significantly increased product loading in selected depots and extended hours at strategic stations to ensure sufficiency nationwide.

“We are also working with industry stakeholders to ensure normalcy is returned as soon as possible,” he said.

NAN

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