NNPC Explains Reason for Queues at Petrol Stations

October 28, 2020
Queues at Petrol Stations

By Modupe Gbadeyanka

Motorists in the country have been advised not to worry about the recent emergence of queues in some petrol stations because there is enough Premium Motor Spirit (PMS) otherwise known as petrol to meet their needs for two months.

The current situation, according to the Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mr Mele Kyari, was because of the disruption of the free flow of vehicular movement occasioned by curfews and restrictions of movement, particularly in Lagos State.

In a statement issued on Tuesday by the Group General Manager, Group Public Affairs Division of the NNPC, Dr Kennie Obateru, it was explained that the disruption was triggered by the #EndSARS protests across the country, which later turned violent.

However, the state-owned oil agency assured motorists of ample availability of the product in its various strategic depots across the country.

Mr Kyari urged motorists not to engage in panic-buying of petroleum products as the NNPC has over 2 billion litres of petrol in stock to guarantee steady supply and at least 60-day-product supply sufficiency nationwide.

“The disruptions or curtailment of the free flow of vehicular movement occasioned by the ‘EndSARS protests’ and the attendant curfews, restrictions, and vandalism, particularly in Lagos obviously affected petroleum products movement and distribution.

“With the easing of the curfews and restrictions of movement by various state governors, normalcy is expected to return to the petroleum products supply chain in the next couple of days,” Mr Kyari reassured.

The GMD expressed NNPC’s commitment to a zero-fuel queue scenario, maintaining that the corporation has emplaced measures that would guarantee energy security for the country.

Modupe Gbadeyanka

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

Leave a Reply

manufacturing-companies-in-nigeria
Previous Story

Nigeria’s Manufacturing Index Contracts Sixth Month at 49.4 in October 

Cash Optimization Systems
Next Story

Reasons Why Businesses Must Opt for Cash Optimization Systems

Latest from Economy

Don't Miss