NNPC, Oil Marketers Reach Agreement to End Fuel Scarcity


The Nigerian National Petroleum Corporation (NNPC) on Wednesday night said that it has reached an agreement with oil marketers to end scarcity of petrol which has since resulted in the noticeable queues in major cities across the country.

The corporation in a statement from its Group General Manager, Public Affairs, Ohi Alegbe, in Abuja 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.

It 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), the parties agreed to end the fuel queues as soon as possible.

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Kachikwu was quoted in the statement to have asked the marketers to set up proactive mechanism to guarantee unimpeded distribution of petroleum products across the country.

More to follow


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