Fuel scarcity to end in 3 days – NNPC

Fuel scarcity to end in 3 days – NNPC

The Nigerian National Petroleum Corporation Limited declared that the supply problems that caused the fuel lines in Abuja and Lagos would be rectified in 3 days.

In an interview with Arise News on Sunday, Mele Kyari, group chief executive officer of NNPC Ltd, revealed this.

The oil executive also stated that NNPC is well aware of the pricing problems and anticipates that prices would stabilize for Nigerian consumers.

We have 1.7bn liters of petrol in stock, Avoid panic buying, - NNPC tells Nigerians

Kyari stated that, that the Sallah holidays is a very opportuned moment to thank the President for what he has been doing, and for Allah to continue to guide him.

First of all, there are issues around supply disruptions, this we are overcoming it, we have resolved them, and in the next 3 to 4 days, people will see relieve and it ( fuel queues) will vanish”.

As we all know there are no fuel queues in most parts of the country except Lagos and Abuja and we understand the real logistics issues and I am confident within the next 2-3 days this will vanish.

On PMS pricing, he added, “there is no question around it (PMS price); the President has authorized his discretion, and the right decision to increase the cost of transporting fuel by N10, that means transporters will be able to take product from any depots to the furthest fuel station without any delay.

We also acknowledge that there are some facing logistic challenges, particularly in the marine sector we are resolving those, and convinced that prices will normalise very soon”, he added.

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