Oil Marketers, Tanker Drivers Resume Loading at Depots Nationwide — NMDPRA
Following the successful conclusion of the nation’s Presidential national assembly elections, the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has disclosed that operations in loading depots have resumed nationwide.
The sector regulator said it was working with other stakeholders to mitigate the tightness experienced in the distribution of petrol, adding that the current stock sufficiency stands at 35.39 days to PMS, 34.86 days for Ago and 31.36 days for ATK.
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In a statement made available to newsmen, the Chief Executive Officer, NMDPRA, Mr. Ahmed Farouk, stated:
“The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, assures Nigerians that operations in loading depots have fully resumed following the restriction of movements during the recently concluded presidential and national assembly elections which necessitated truck drivers to travel to exercise their civic duty.
“The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, assures Nigerians that operations in loading depots have fully resumed following the restriction of movements during the recently concluded presidential and national assembly elections which necessitated truck drivers to travel to exercise their civic duty.
“Consequently, the NMDPRA is working with other stakeholders to mitigate the slight tightness being experienced in the distribution of Premium Motor Spirit, PMS.
“Most importantly, the public is invited to note that the current stock sufficiency stands at 35.39 days to PMS, 34.86 days for Ago and 31.36 days for ATK. The Authority continues to strive towards guaranteeing supply and distribution reliability nationwide and strongly advises against panic buying.”
Similarly, the Corporate Spokesman, NNPCL, Garba Deen, NNPC Limited, Mr. Garba Deen Muhammad, put the nation’s petrol stocks at 2.1 billion litres.
He said the company “plans to close the month of March 2023 with about 2.8 billion litres, which is equivalent to 47 days of sufficiency.
“The appearance of pockets of queues in Abuja and some parts of the country is largely due to restrictions in businesses and movement, to allow for the conduct of the Presidential and NASS elections and enable Nigerians to exercise their civic right.
However, operations have now resumed at the depots and trucks are being dispatched to various parts of the country. We expect normalcy to be restored in the next few days.”
Mr. Muhammad noted that “NNPC Ltd. and all its partners and stakeholders will continue to work together to ensure seamless distribution of petroleum products around the Gubernatorial and State Assembly elections”.
