NNPC Floods Market With Additional Volume  Of  Petrol

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CBN

…Pushes Out 1000 Trucks to Tackle Fuel Queues
Olusola Bello
The Nigerian National Petroleum Corporation (NNPC) has flooded the market with additional volume of petrol, as it has pushed out over 1000 petrol laden trucks to complement the existing 500.
This is part of it efforts to ensure smooth daily supply of Premium Motor Spirit (petrol) across the country and to combat the buildup of fuel queues in some parts of the country.
Kennie Obateru, Group General Manager, Group Public Affairs Division, in a  was quoted as saying the Managing Director of the Petroleum Products Marketing Company (PPMC), Musa Lawan, as  assuring Nigerians that there are about two billion litres of PMS in strategic depots across the country to keep the nation well supplied for two months if no drop of fuel was imported in that period.
“We have embarked on massive load out. Today, we trucked out 1,661 trucks from all depots across the country. Reports reaching us show that they have already started arriving at the filling stations. We believe that this would ease out the queues,” Lawan reassured.
Lawan disclosed that a 24-hour situation monitoring committee has been set up to track the movements of trucks from the depots to the various filling stations across the country, assuring that the queues will thin out in the next few days.
The PPMC boss explained that the disruption in the distribution chain was caused by the strike embarked upon by Petroleum Tanker Drivers (PTD) over compensation.
He assured that with the suspension of the strike upon the intervention of the Group Managing Director of NNPC, and the resumption of loading, coupled with the extension of loading time, normalcy would soon return to the filling stations.
It would be recalled that the intervention  Mele Kyari  on Monday  over the conflict between the National Association of Road Transport Owner (NARTO) and the Petroleum Tanker Drivers (PTD) led to the suspension of  the  strike by the PTD for one week.
Speaking in similar vein at the State House after a meeting with the President, the Group Managing Director of NNPC, Mele Kyari, assured that with the resumption of loading, normalcy would soon return to the fuel situation across the country.
He said the ex-depot price of petrol would remain the same for the month of May, urging marketers not to engage in arbitrary price increase.
He urged motorists to avoid panic buying in order not to compound the situation.
He called on all relevant stakeholders in the downstream sector to collaborate with the NNPC to ensure a quick return to the zero-fuel queues situation that Nigerians had been enjoying before the unfortunate disruption of the distribution chain.

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