The Nigerian National Petroleum Company Ltd (NNPCL) has intervened in the current logistic issues that have caused a shortage in the supply of premium motor spirit (PMS, a.k.a. petrol) and long queues in filling stations in most city centres across Nigeria. The intervention has since improved supplies of petrol in many filling stations and helped to start easing the long queues.
Investigations revealed that long queues had begun easing in many filling stations in the Federal Capital Territory (FCT), Abuja. Therefore, a normal purchasing atmosphere without queues is returning to the FCT.
In a swift reaction to address the lingering fuel scarcity, a senior official of NNPCL said: “The fuel stations round shows that the situation is calm. All stations have products and are selling.”
To affirm this claim, the National Secretary of the Independent Petroleum Marketers Association of Nigeria (IPMAN), James Tor, said, “If there is no product, then we can not give out anything. But happily, now, there are products, and the federal government is doing much. yesterday, our national president explained to us that the NNPCL has opened up some of their depots so that we can have products supplied and distributed to the public.
“The president (IPMAN) even called me this morning (April 30, 2024) about the increase in the supply. So, what we are witnessing is just a bridge between what is going on and what is going on.
“But happily enough, I want to announce to the public that there shouldn’t be any panic buying, because when this thing happens, and people start rushing here and there and trying to accumulate the products, that effect will go a long way to affect everybody.”
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Tor emphasized that global events have a great impact on the Nigerian market, “any slightest thing that happens in the world, will affect the supply and distribution of petroleum products.”
On the other hand, Tor said: “Good enough, an NNPC is ready and has opened up some of the depots so that they will start bringing in our product for distribution. I want to assure you that at any moment from now, you will see that the queues will be going down because they have intensified the supply.
“With what the NNPC is doing, very in a little, few days, you will start seeing the impact of what they are doing because IPMAN is involved.”