NNPC Says It Supplied 64.4 Million Litres Of Petrol Daily, Despite Shortage

Amidst the continued shortage and inflated price of petrol, the Nigerian National Petroleum Company Limited (NNPCL),  said it supplied 64.42 million litre of the product between January 28 and February 3, this year despite shortage.

This amounts to 450.92 litres of petrol supplied to private depot operators and major marketers, during a week, for delivery to filling stations nationwide.

Nigerian midstream and downstream petroleum regulatory authority made this known on its twitter handle on Sunday.

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According to the agency, Lagos state received the highest 1,251 truck loads of petrol, Abuja (847 trucks), Oyo (372 trucks), Ogun (311 trucks), Kano (268 trucks), Delta (268 trucks), Ebonyi (221 trucks), while Edo state got 159 trucks.

Last week, the group managing director of NNPCL, Mele Kyari said most of the petrol supplied to private depot operators and major marketers were being smuggled to the neighbouring countries.

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Meanwhile, the Executive Secretary and Chief Executive Officer of MOMAN, Mr. Clement Isong, during a phone chat with THISDAY, explained that the NNPC was challenged by insufficient storage and distribution facilities that would enable it supply products to marketers.
Isong, who pointed out that entrepreneurs needed incentives to participate in the downstream oil and gas supply chain in the country and help address the disruption in supply and distribution, however, assured that the fuel scarcity and queues might ease in few weeks’ time if all the players comply with the rules agreed at the stakeholder meeting held on Tuesday at the instance of the NNPC.

At the meeting held in Abuja, the Chief of Defence Staff, Gen. Lucky Irabor, had told the participants that the government was not handicapped in halting the fuel crisis, threatening to use military sanctions on marketers causing the artificial scarcity and pains on Nigerians. Also, Kyari had equally stated at the meeting that the challenge was monumental and was taking unanticipated dimensions, maintaining that the issue was not a supply problem.

But speaking with THISDAY, the MOMAN Executive Secretary noted that NNPC had brought all the products the country needs but that most them were offshore, adding that solving the fuel crisis need the cooperation from many operators in the system, with right incentives and right business environment.

Isong said, “The truth of the matter is that NNPC by itself cannot supply the entire Nigerian market. They have brought all the products the country needs, most of it is offshore. It is challenged. Distribution in the country is such that NNPC cannot bring all of it onshore by itself –use its own facilities and distribute to the Nigeria public. They need cooperation from very many operators in the system.