Home BUSINESS OIL & GAS Scarcity Of Fuel Ends Next Week, NNPC Assures Nigerians

Scarcity Of Fuel Ends Next Week, NNPC Assures Nigerians

The Nigerian National Petroleum Company (NNPC) Limited has assured the National Economic Council (NEC) that the scarcity of fuel now being faced by Nigerians will be over next week.

Briefing the NEC meeting today, February 17, presided over by Vice President Yemi Osinbajo, the NNPC stressed that there will be adequate PMS supply by next week.

The Company said that 30 vessels are expected to deliver an additional supply of 2.3 Billion litres of PMS into the country till month-end February, 2022.

“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.

The Company said that the strategy being worked on, is on for restoring stability in PMS supply and distribution by boosting Incoming PMS Supplies

It is also to recertification and release of In-country PMS Stock, as well as to enhanced distribution.

Leave a Reply