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Home Business

NNPC Reveals When Fuel Queues Will Vanish In Lagos, Abuja

by ReportersAtLarge
July 12, 2022
in Business
Reading Time: 2 mins read
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NNPC GMD, Mallam Mele Kyari

NNPCL GMD, Mallam Mele Kyari

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Abuja and Lagos residents may smile again soon, as the Group Managing Director of the Nigerian National Petroleum Company Limited (NNPC), Mr Mele Kyari, has assured that the horrific petrol scarcity in the two locations will vanish in three to four days, as all logistics challenges and supply disruptions responsible for the nightmare have been addressed.

Kyari disclosed in an interview with Arise News on Sunday after paying Sallah homage to President Muhammadu Buhari.

According to him, the government has also resolved issues around pricing, as President Muhammadu Buhari has used his discretion to insist that petrol sells at N165/litre.

He said: “First of all, there are issues around supply disruptions; we are overcoming them, we have resolved them, and in the next three to four days, people will see relief and fuel queues will vanish.

“As we all know, there are no fuel queues in most parts of the country except Lagos and Abuja, and we understand the real logistics issues, and I am confident that within the next two to three days, this will vanish.

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“The President has authorised his discretion and the right decision to increase the cost of transporting fuel by N10, which means transporters will be able to take a product from any depot to the furthest fuel station without any delay.

“We also acknowledge that some are facing logistic challenges, particularly in the marine sector; we are resolving them and are convinced that prices will normalise very soon,” he explained.

Abuja residents have battled a terrible energy crisis in recent months as petrol and diesel scarcity have grounded various businesses. Motorists now chase petrol tankers on the highway to find filling stations to queue in. Those who cannot queue are forced to buy a litre of petrol at N350/litre on average

Tags: AbujaBREAKING NEWSFuel Scarcity in NigerialagosMele KyariNigerian National Petroleum Company LimitedNNPC
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Reporters At Large is the world’s fastest-growing online news platform and public service broadcaster. We’re impartial and independent, and every day we create distinctive, world-class programmes and content which inform, educate and entertain millions of people in Nigeria and around the world.

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