The Nigerian National Petroleum Corporation has urged Nigerians to exercise patience with the Federal Government as regards the current petrol scarcity in the country.
The corporation said it was working hard to ensure that petrol queues were cleared within the next two weeks.
The Group General Manager, Group Public Affairs Division, NNPC, Mr. Garba Deen, in a statement on Friday, said, “Our immediate concern is to make petrol available through the interventions and processes put in place so that the queues will disappear within the next one to two weeks.”
The corporation explained that as of 4pm on Friday, one petrol cargo containing 42 million litres had completely discharged, while two more cargos with a combined “Remaining on Board” of 44 million litres were being discharged at the time.
It said another petrol cargo containing 44 million litres berthed on Friday and was awaiting discharge.
The corporation said, “We have enough products lined up to ensure that the supply gap which created the problem is bridged. In order to ensure effective distribution, we are working with the Independent Petroleum Marketers Association of Nigeria, oil majors and over 1,000 NNPC staff, nationwide to ensure we overcome the obstacles in the distribution of the products.
“While not resorting to excuses, we would like to re-emphasise that this present management of NNPC and indeed the government inherited huge and complicated problems with respect to importation, distribution and pricing of petroleum products.”
It said Nigerians would recall that the sum of N522,258,934,505 meant for payment of fuel subsidy, covering the last quarter of 2014 and the entire 2015 was approved by the Senate in December 2015 in order to pay for subsidy arrears inherited by this government.
The firm, however, stated that “for long term solutions, the NNPC and the government are working to put in place machineries to ensure that our refineries are fixed and working optimally, while the pipelines which have been under attack for some time now are repaired.”
It added, “The direct sale direct purchase arrangement for crude would commence in the first week of April and all these coupled with the fact that the President has given his support to increase the crude supply to NNPC to ensure local sufficiency of products will go a long way to solve the problems in the short and long term.”