Petrol Scarcity Lingers Despite NNPC’s Supply Of 1.4-Billion Litres

The scarcity of petrol in major cities across the country has lingered despite repeated claims by the Nigerian National Petroleum Corporation (NNPC) that it has enough stock to keep the country wet, particularly during the yuletide, The Punch reports.


In its latest Energy in Brief report for the month of December 2015, the NNPC stated that it supplied over 1.4 billion litres of the Premium Motor Spirit, otherwise known as petrol, to the domestic market in the past few weeks in its drive to ensure the availability of the product for the end of the year activities/movements.

But despite the national oil firm’s claim, the scarcity of petrol in many cities has not abated as hundreds of motorists in long queues in front of few petrol stations that dispense the product were a common sight throughout the weekend.

The Executive Secretary, Major Oil Marketers Association of Nigeria (MOMAN), Mr. Obafemi Olawore, however indicated on Friday that members of the group had started placing orders for petrol after the marketers had been paid their subsidy claims. He stated sufficient petrol was being discharged at the Lagos port, adding that more product was expected in the country in the new week.

Source: EnergyMixReport


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