NNPC, Oil marketers reach agreement to end fuel scarcity

NNPCThe Nigerian National Petroleum Corporation (NNPC) has reached an agreement with oil marketers to end scarcity of petrol which has led to the build up of queues in petrol stations in major cities across the country.

Group General Manager Public Affairs of NNPC, Ohi Alegbe, who announced the agreement, stated that the commitment of oil marketers to support measures put in place by the federal government to restore sanity to fuel supply and distribution condition will within days ensure that the scarcity ends.

He explained that at the end of a strategy session convened by the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, to address the fuel situation, members of the Major Oil Marketers Association of Nigeria (MOMAN), Depot and Petroleum Products Marketers Association (DAPPMA) and the Jetty and Petroleum Tank Farm Owners of Nigeria (JEPTFON), agreed to support government’s efforts to end the scarcity.

At the meeting, Kachikwu had asked the marketers to set up proactive mechanism to guarantee unimpeded distribution of petroleum products across the country. He also pledged to eliminate all bottlenecks to fast track the process, adding: “We have gotten DPR, PEF and PPPRA to be a bit more flexible with the rules to allow for more movement of trucks and products massively.”

The Executive Secretary of MOMAN, Femi Olawore, who spoke for the association, stated that the major stakeholders are willing and ready to work with the ministry and NNPC to restore normalcy to the fuel situation. “For us, there is only one thing that we know how to do and that is to sell petroleum products in accordance with the law. It is just a matter of few days before we get to normalcy,” Olawore said.

He also noted that MOMAN would never do anything is against prevailing regulations on the supply and distribution of petroleum products.

Dapo Abiodun who spoke for DAPPMA, pledged their commitment to work towards the achievement of the government’s objective of ensuring free flow of petroleum products across the country.

On his part, the Chairman of JEPTFON, Ifeanyi Uba pledged the readiness of the petroleum tank farm owners to support the initiative. Uba also called for government’s assistance in clearing the perennial traffic at the Apapa loading gantries.

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