Scarcity: NNPC promises adequate supply next week

The Nigerian National Petroleum Corporation (NNPC) has assured Nigerians that there will be an adequate supply of petrol next week.

The assurance was given by the NNPC Managing Director, Mele Kyari on Thursday during the National Economic Council meeting chaired by Vice President Yemi Osinbajo at the Presidential Villa, Abuja.

Laolu Akande, the Senior Special Assistant to the Vice President, made this known in a statement he signed on Thursday titled ‘NNPC’S presentation of an update on PMS supply & distribution.

Akande said, “The National Economic Council has resolved to encourage the growth of the automotive industry in Nigeria by improving patronage of locally manufactured vehicles, just as the Council got assurances that the current fuel situation in parts of the country would be resolved by next week.

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“NNPC as the supplier of last resort has continued to sustain adequate petroleum products supply and distribution to the Nation despite challenges associated with the unending waves of pipeline vandalism, product theft and Cross-border smuggling of PMS.

“30 vessels to deliver an additional supply of 2.3 Billion litres of PMS into the country till month-end February 2022”

The NNPC is restoring stability in PMS supply and distribution by; boosting incoming PMS supplies, recertification and release of in-country PMS stock and enhancing distribution management

Also, the NEC resolved to encourage the growth of Nigeria’s automotive industry by improving patronage of locally manufactured vehicles.