The Nigerian National Petroleum Corporation Limited (NNPC), has revealed that it is has commenced the process of distributing one billion litres of safe Premium Motor Spirit (PMS), known as petrol, in its stock to various fuel stations nationwide to ease the scarcity of the product.
The NNPC also disclosed that about 2.3 billion litres of PMS would arrive Nigeria between now and February ending to address the current situation and restore sufficiency.
Mr. Adetunji Adeyemi, Group Executive Director, Downstream, NNPC made this disclosure on Tuesday in Abuja while briefing newsmen.
Adeyemi said this would address the situation and restore sufficiency level above the national target of 30 days.
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While speaking on the issue, Adeyemi said that the NNPC understands the current state of fuel supply disruptions in many parts of the country which was caused by the discovery and subsequent quarantine of methanol blended cargoes of PMS two weeks ago.
‘As of today , NNPC has one billion litres of petrol in stock and the petrol being dispensed today at various fuel stations in the country is safe.
‘In order to accelerate PMS distribution across the country, NNPC has commenced operations at its Depots and Retail Outlets,’ he said.
Similarly, he noted that Major Oil Marketers Association of Nigeria, Depot Owners and Petroleum Products Marketers Association of Nigeria and Independent Petroleum Marketers Association of Nigeria have commenced 24 hours loading and dispensing activities in some of their designated outlets.
He went on to add that the country’s oil company has constituted a monitoring team with the support of the Nigeria Midstream and Downstream Petroleum Authority (NMDPRA) and other security agencies to ensure smooth distribution of PMS nationwide.
AFRICA DAILY NEWS, NEW YORK
