The Nigerian National Petroleum Corporation Limited (NNPC), on Tuesday, said it resumed the distribution of one billion litres of safe Premium Motor Spirit (PMS), also known as petrol, in its stock to various fuel stations nationwide.
TPCN had observed that queues have resurfaced in fueling stations in Rivers State and the Federal Capital Territory.
Commuters in some areas in Rivers State, including Stadium road, Rumola link road were coerced to accommodate an extra passenger in cabs due to a hike in the price of petrol.
Addressing journalists on Tuesday in Abuja, the Group Executive Director, Downstream, NNPC, Adetunji Adeyemi, said that 2.3 billion litres of PMS is expected to arrive in the country soon to address the current scarcity experienced in some states across the country.
Adeyemi said the arrival of the PMS would address the situation and restore sufficiency level above the national target of 30 days.
“As of today, NNPC has one billion litres of petrol in stock and the petrol being dispensed today at various fuel stations in the country is safe.
“In order to accelerate PMS distribution across the country, NNPC has commenced operations at its Depots and Retail Outlets,” he said.
Similarly, he noted that Major Oil Marketers Association of Nigeria, Depot Owners and Petroleum Products Marketers Association of Nigeria and Independent Petroleum Marketers Association of Nigeria have commenced 24 hours loading and dispensing activities in some of their designated outlets.
“NNPC implores Nigerians to avoid panic buying and assures that the ongoing efforts would be sustained to restore normalcy in few days time,” Adeyemi added.
