Vessels Discharge Hitches Causing Fuel Scarcity – NNPCL

July 28, 2024
Vessels Discharge Hitches Causing Fuel Scarcity – NNPC

The Nigerian National Petroleum Company Limited (NNPCL) on Saturday said the resurgence of fuel scarcity in some parts of the country including Lagos and Abuja is due to a hitch in the discharge operations of some vessels.

Primebusiness.africa reports that in a statement signed by Olufemi Soneye, the company’s Chief Corporate Communications Officer, NNPCL said it is working to resolve the challenge and improve fuel distribution.

Join our WhatsApp Channel

“The NNPC Ltd wishes to state that the tightness in fuel supply and distribution witnessed in some parts of Lagos and the FCT is as a result of a hitch in the discharge operations of a couple of vessels,” Soneye said in the statement.

He further stated that the company is “working round the clock with all stakeholders to resolve the situation and restore normalcy in the operations.”

Residents of Lagos and Abuja, the Federal Capital Territory were once again beset with scarcity of petrol leading long queues at filling stations as motorists struggle with the skyrocketing fuel prices. Most filling stations have closed.

READ ALSO: Nigerian Govt Welcomes Endless Fuel Importation

Apart from NNPCL retail outlets and other major marketers selling at N650, other independent marketers are selling between N850 and N950 per litre.

Primebusiness.africa observed that several filling stations in some parts of Lagos were closed on Saturday, creating fears of an impending increase in the price of transportation.

READ ALSO: Petrol Pump Price May Hit ₦1000 – Sources

Apart from high price of petrol as a result of subsidy removal last year, the country has continued to witness periodic fuel scarcity caused by disruption of supply with Lagos and Abuja usually the most affected  by the crisis. The latest one marks the third time in 2o24.

While the challenge of petrol distribution persists due to reliance on imports, the people earnestly await the commencement of distribution across the country by the Dangote refinery and the coming on stream of other refineries undergoing rehabilitation, including Port Harcourt, Warri and Kaduna refineries, to boost domestic production.

victor ezeja
Correspondent at  |  + posts

Victor Ezeja is a passionate journalist with seven years of experience writing on economy, politics and energy. He holds a Master's degree in Mass Communication.

Victor Ezeja

Victor Ezeja is a passionate journalist with seven years of experience writing on economy, politics and energy. He holds a Master's degree in Mass Communication.

BBNaija
Previous Story

Super Sunday: BBNaija Season 9 Is Here, Are You Ready?

Endrick unveiled by Real Madrid
Next Story

How Ronaldo Triggered My love For Real Madrid -Endrick

Featured Stories

Latest from Business News

Rwanda Expands Fuel Imports Through Mombasa under Kenya Deal

Written by Amanze Chinonye Rwanda has begun importing bulk refined petroleum products through Kenya’s Mombasa port under a new government-to-government arrangement aimed at diversifying its fuel supply routes and strengthening energy security, with the first 40,000-tonne cargo arriving this week. Join our WhatsApp

Wealth Without Access is Stranded Wealth – Opiva Capital Chairman 

Written by Kamsiyochukwu Mbamalu The Chairman of Optiva Capital Partners, Franklin Nechi, has called on African entrepreneurs, investors and families to move beyond traditional wealth accumulation and embrace global access as a strategic tool for business growth, family security and intergenerational legacy. Nechi
I’m Ready To Lose Money To Give Nigerians Cheap Fuel – Dangote

Dangote Says Lamu Refinery will Withstand Legal Challenge

Written by Amanze Chinonye Nigerian billionaire Aliko Dangote said on Tuesday that a legal challenge over land earmarked for his proposed oil refinery in Kenya would not derail the project, describing such disputes as a normal part of doing business in Africa, Prime
BBNaija
Previous Story

Super Sunday: BBNaija Season 9 Is Here, Are You Ready?

Endrick unveiled by Real Madrid
Next Story

How Ronaldo Triggered My love For Real Madrid -Endrick

Don't Miss

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 19th April 2025

What is the dollar-to-naira exchange rate on the black market,
COVID

COVID-19 Task Force Uncovers Delta Strain in Oyo State

The Oyo State COVID-19 Task Force has uncovered the Delta