Friday, 12 June 2015

Finally, NNPC pledges to end fuel queues by weekend

The Nigerian National Petroleum Corporation (NNPC) has vowed to meet the June 13 deadline earlier set to end fuel queues across the country.
The Group Managing Director of NNPC, Dr Joseph Dawha, told journalists during inspection of some of its stations in Abuja that there is a stock level of 1.1 billion litres representing 27 days sufficiency, saying there should be no cause for alarm.

He underscored the need for stakeholders to join forces with it (NNPC) to rid the nation of oil pipeline vandals.
Mr Dawha announced that in the last five days, 85 trucks of petrol had been brought in daily to the nation’s capital city to address the crisis and promised to deliver more.
The Independent Petroleum Marketers Association of Nigeria (IPMAN) had accused the NNPC of being responsible for the lingering fuel situation, especially as it concerns the inflated prices and artificial fuel scarcity but six days ago, the Ministry of Petroleum Resources (MPR) and oil marketers resolved to work together in order to ensure improved supply to retail outlets nationwide.
Many Nigerians expect a reduction of queues and most importantly a reduction of prices to the recommended 97 naira per litre.

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