NNPC Promises to End Fuel Scarcity as Lagos, Kano Others Get 450.92 Million Liters of Petrol in One Week

NNPC Promises to End Fuel Scarcity as Lagos, Kano Others Get 450.92 Million Liters of Petrol in One Week

  • The Federal Government has assured Nigerians that there is enough petrol to last the country for 32 days amid the unending reign of queues at petrol stations
  • This assurance is coming after the NNPC revealed that Nigerians consumed 966.58 million litres of petrol in two weeks
  • According to the statistics, Lagos state remains the highest consumer of petrol and is closely followed by Kano and Niger states

The Nigerian National Petroleum Company (NNPC) Limited has apologised to Nigerians over the four-month-long fuel scarcity being faced by the populace.

Mele Kyari, the Group Chief Executive Officer of NNPC, tendered the apology on Tuesday, February 8, 2023, during his guest appearance on Channels Television’s The 2023 Verdict.

Kyari then assured Nigerians that the NNPC was working round the clock to resolve the issue. He promised that the cause of the scarcity would be sorted as soon as possible and normalcy would be restored.

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NNPC fuel scarcity
Kyari promises fuel scarcity will end soon. Credit: @nnpc
Source: Twitter

His words:

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“I apologise for the situation. On behalf of all of us, the stakeholders in the oil and gas industry definitely, not surely exclusive. Having said this, it is unfortunate. It’s a glitch; we are responsible for [resolving] this glitch. We will resolve this."
"I promise within the next one week, Nigerians will begin to see a major turnaround as efforts to address this scarcity have reached top gear. “Within the next one week, you will see a change."

He, however, didn’t promise the elimination of queues at petrol stations across the country but pledged that massive changes would be felt in the coming week, The Punch reports.

“I’m not saying that you’re going to have zero queues within the next one week,” he explained.

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“No, I can’t guarantee that because a number of things are out of our control.”

NNPC distributes fuel

Furthermore, the NNPC boss revealed one of the strategic solutions the organisation has embarked upon to end the crisis is to increase supply from 63 million to 70 million litres per day as of January 2023.

“We’re ramping up the evacuation today. On a daily basisof, we are doing more than 70 million litres into the market against the regular evacuation of up to 63–64 million litres.
“This will work, and we believe that the ease that we’re seeing in many locations today—I don’t want to cite specific locations, but I know that we’re seeing ease across the country. This is easing up.”

Legit.ng's checks on the NNPC website show that in one week (28th January to 3rd February 2023), 450.92 million litres had been distributed across the country.

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Lagos, FCT, Oyo, Ogun, and Kano received the country's highest allocation of petrol products.

Marketers give reason for fuel scarcity across Nigeria

Meanwhile, oil marketers revealed that the supply hitches associated with petrol distribution might persist till June 2023.

According to them, the scarcity of the product in recent times is based on the Federal Government’s plan to end the petrol subsidy.

The public relations officer of the Independent Petroleum Marketers Association of Nigeria, Chief Ukadike, said fuel imports and subsidies were making Nigerians suffer.

Source: Legit.ng

Authors:
Dave Ibemere avatar

Dave Ibemere (Senior Business Editor) Dave Ibemere is a senior business editor at Legit.ng. He is a financial journalist with over a decade of experience in print and online media. He also holds a Master's degree from the University of Lagos. He is a member of the African Academy for Open-Source Investigation (AAOSI), the Nigerian Institute of Public Relations and other media think tank groups. He previously worked with The Guardian, BusinessDay, and headed the business desk at Ripples Nigeria. Email: dave.ibemere@corp.legit.ng.