Why Nigerians won’t experience fuel scarcity during Christmas - NNPC

Why Nigerians won’t experience fuel scarcity during Christmas - NNPC

- The Nigerian National Petroleum Corporation (NNPC) has disclosed that Nigerians won’t experience fuel scarcity during Christmas

- NNPC said it has over two billion litres of petrol that would sustain Nigerians until the end of the year and beyond

- Maikanti Baru, the NNPC boss, also said the provision of adequate petroleum products would not only ease transportation but also make the roads safer for motorists

The Nigerian National Petroleum Corporation has assured that Nigerians will not experience scarcity of Premium Motor Spirit (PMS) known as petrol, during Christmas because it had stored over two billion litres to ensure a hitch-free movement.

NNPC maintained that the end-of-year period had been hitherto characterised by scarcity of fuel due to supply and demand disequilibrium.

NAIJ.com gathered this through a statement issued by Ndu Ughamadu, the corporation’s spokesperson.

READ ALSO: Baru emerges chairman NGA advisory board

The statement read: ''As we speak, the NNPC has over two billion litres of petrol and we want to sustain this level from now on up until the end of the year and beyond.

''This volume will give the country product sufficiency of about 60 days, well above the standard 30 days sufficiency threshold.”

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Maikanti Baru, the group managing director of NNPC, however, said adequate measures were in place to ensure that motorists had unimpeded access to fuel ahead of the end-of-year festivities.

Baru noted that the provision of adequate petroleum products would not only ease transportation but also make the roads safer for motorists.

Meanwhile, NAIJ.com had reported that PENGASSAN stated that in the last 3 years, the association had been unnecessarily over-burdened due to the loss of will by various managements to attend to industrial/welfare issues.

Former NNPC group managing director Andrew Yakubu in court over fraud allegations - on NAIJ.com TV:

Source: Naija.ng

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