The Nigerian National Petroleum Company (NNPC) Limited has promised to deliver over 1.7 billion litres of PMS – by water and on land – as the fuel scarcity persists across the country.
It however allayed fears of an upward review of pump price of the product.
The Group Managing Director (GMD), Malam Mele Kyari, gave the assurance during a joint briefing with Major Oil Marketers Association of Nigeria (MOMAN), Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) and Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) at the NNPC towers in Abuja.
Kyari noted that the current fuel queues at the filling station are down to panic buying.
He urged Nigerians to desist from panic buying and buy what they need per day, adding he is working relentlessly with partners to ensure that the product reaches every part of the country.
“NNPC is further intensifying efforts to resolve distribution hitches being experienced in some parts of the country due to logistics issues. We have engaged depot operators to load product round the clock to accelerate the restoration of normal distribution.
“We have capacity now to load from all depots. We are currently running 24 hours loading from all our depots and we believe this will close the gap created by panic buying. We hope this will bring normalcy to the system soon he believed,” he said.
The GMD also disclosed that the corporation has engaged the services of government, security agencies to ensure that all products loaded got to the right destination adding that sanction will be melted to any operator selling above the stipulated pump price.