Business NNPC Moves To End Fuel Queues With 24-hour Depot, Retail Services

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The Nigerian National Petroleum Corporation (NNPC) said that it has adopted a 24-hour depot and retail services to totally clear the fuel queues in Abuja, Lagos and many states across the country.

NNPC Chief Operating Officer, Ventures and Chairman of the NNPC Special Task Force on Fuel Monitoring, Dr. Victor Babatunde Adeniran, made this disclosure after an on-the-spot monitoring of NNPC Retail stations and those of Major and Independent Marketers in Abuja.

Adeniran said the NNPC would always keep faith with its mandate of ensuring energy sufficiency, adding that the corporation has taken adequate measures to normalize products supply situation in the country.

In a statement released by the corporation on Wednesday, the Managing Director of PPMC, an NNPC subsidiary, Mr. Umar Ajiya, said the NNPC took delivery of two cargoes on Wednesday with 50 million litres of Premium Motor Spirit (PMS) otherwise known as petrol.

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He added that the corporation was expected to take delivery of a minimum of one cargo per day going forward.

“By rising up to the challenge, we have moved our operations to 24 hours in all our depots, we have moved our products ourselves to all our affiliate stations on a 24-hours basis,” he explained.

Ajiya attributed the improvement in the fuel supply situation to hard work and the collaborative efforts among and the NNPC, PPMC, and their sister agencies, such as the Department of Petroleum Resources, DPR.

“The genesis of the whole problem was the rumour of the planned increase of petrol price by the NNPC. There is no iota of truth in that, therefore, Nigerians should calm down; they do not need to rush to buy products and hoard.”
 
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