Connect with us

Hi, what are you looking for?

Fuel-Queue Credit: Mediatracnet

Business

Elections: Restriction of movement responsible for new queues in filling stations, says NNPCL

The Nigerian National Petroleum Company Ltd. (NNPCL) says the new fuel queues in Abuja and some parts of the country were caused by the restrictions of businesses and movement during the presidential and National Assembly elections.

The Nigerian National Petroleum Company Ltd. (NNPCL) says the new fuel queues in Abuja and some parts of the country were caused by the restrictions of businesses and movement during the presidential and National Assembly elections.

The presidential and national assembly elections were held on February 25 nationwide.

NAN reported that the NNPCL said operations had resumed at the depots and trucks were being dispatched to various parts of the country to prevent fuel shortages.

In a statement, Mr Garba Deen Muhammad, the Chief Corporate Communications Officer of NNPCL, said its latest updates released on Saturday showed a total of 2.1 billion litres of Premium Motor Spirit (PMS) stock.

Muhammad said this represented 0.9 billion litres in all the land depots nationwide and 1.2 billion litres on marine vessels.

This, he said, was equivalent to 35 days of the sufficiency as of March 4.

Muhammad, while reassuring Nigerians of a robust supply of PMS, said the NNPCL planned to close the month of March with about 2.8 billion litres, equivalent to 47 days of sufficiency.

“The appearance of pockets of queues in Abuja and some parts of the country, is largely due to restrictions in businesses and movement, to allow for the conduct of the presidential and NASS elections to enable Nigerians to exercise their civic right.

“However, operations have now resumed at the depots and trucks are being dispatched to various parts of the country.

“We expect normalcy to be restored in the next few days.

“NNPC Ltd. and all its partners and stakeholders will continue to work together to ensure seamless distribution of petroleum products around the gubernatorial and State Assembly elections.

“We, therefore, enjoin Nigerians not to engage in panic buying,” he said.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Like Our Facebook Page

You May Also Like

Oil & Gas

The Nigerian National Petroleum Company Limited (NNPCL) says the Warri Refining and Petrochemical Company and the Kaduna Refining and Petrochemical Company will be handed...

Business

Following the completion of the first phase of the Port Harcourt Refinery, the Nigerian National Petroleum Company Limited has announced its plans to hand...

Oil & Gas

The Nigerian National Petroleum Company (NNPC) Limited has said it has no plan to increase petrol pump prices as speculated.

Business

The Nigerian National Petroleum Company Limited (NNPCL) says the Ajaokuta-Kaduna-Kano (AKK) gas pipeline project will be ready in the third quarter of the year.

Oil & Gas

An Abuja-based federal high court has nullified the sack of Ifeanyi Ararume as board chairman of the Nigeria National Petroleum Company Limited (NNPCL).

National

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says the Federal Government has no intentions to increase the price of Premium Motor Spirit...