Fuel Scarcity: NNPC Promises Adequate Supply Next Week

The Nigerian National Petroleum Company Limited (NNPC) has assured Nigerians of adequate fuel supply by next week.

The NNPC made this promise amid the subsisting scarcity of Premium Motor Spirit (petrol) in the country.

According to the company, over 30 vessels would supply an additional 2.3 billion litres of PMS  till the end of February 2022.

The NNPC Managing Director, Mele Kyari, disclosed this on Thursday during the National Economic Council meeting chaired by Vice President Yemi Osinbajo at the Presidential Villa, Abuja.

Senior Special Assistant to the Vice President, Laolu Akande, disclosed this in a statement he signed on Thursday titled ‘NNPC’S presentation of update on PMS supply & distribution’.

According to Akande, “The National Economic Council has resolved to encourage the growth of the automotive industry in Nigeria by improving patronage of locally manufactured vehicles, just as the Council got assurances that the current fuel situation in parts of the country would be resolved by next week.

“NNPC as the supplier of last resort has continued to sustain adequate petroleum products supply and distribution to the nation despite challenges associated with the unending waves of pipeline vandalism, product theft and Cross-border smuggling of PMS.

“30 vessels to deliver an additional supply of 2.3 Billion litres of PMS into the country till month-end February 2022”

he said the NNPC  ”is restoring stability in PMS supply and distribution by boosting incoming PMS supplies, re-certification and release of in-country PMS stock and enhancing distribution management.”

The National Economic Council also resolved to encourage growth of Nigeria’s automotive industry by improving patronage for  locally-manufactured vehicles.