By Michael Eboh & Grace Udofia
The Nigerian National Petroleum Corporation, NNPC, yesterday stated that it has enough stock of Premium Motor Spirit, PMS, also known as petrol, to serve the needs of Nigerians across the country for about 17 days and urged Nigerians to desist
from panic buying of the product.
Speaking in Abuja on the fuel supply situation across the country, Executive Director, Commercial, Pipelines and Product Marketing Company, PPMC, Mr. Justin Ezeala, stated that the country currently has 656.376 million litres of PMS in its various storage platform, while it is expecting additional 756.99 million litres of the product before the end of November.
Giving a breakdown of the figures, Ezeala explained that 66.81 million litres are in PPMC depots; 117.48 million litres in PPMC throughputs depots; 427.971 million litres of marine stock and 44.112 million litres are in the depots of Major Oil Marketers Association of Nigeria, MOMAN.
In addition, he stated that 380.99 million litres are expected to be brought in by the PPMC through import, between now and the end of the November, while other marketers are expecting
376 million litres. 17 days products supply in stock, 35-days supply expected.
He maintained that the current stock available in its depots and reserves are enough to serve the country for 16 days, while the products that are being awaited in the next couple of days would
serve the country for 35 days minimum.
Ezeala disclosed that the NNPC and the PPMC have increased fuel supply to Abuja and environs and also across the country and would lift about 180 truckloads of PMS to Abuja from about 135 trucks daily.
To this end, he encouraged Nigerians to avoid queuing for fuel if they have no urgent need to buy the product.
He further encouraged the Department of Petroleum Resources, DPR, to go out to the field and carry out enforcement activities and ensure that stakeholders adhere strictly to the laws of the
country.
Report sharp practices to PPMC hotlines
He also encouraged Nigerians to explore the opportunities presented by the social media to check sharp practices of oil marketers, stating that Nigerians can study its daily dispatch reports to filling stations, take photographs of stations engaged in sharp practices and send same or complaints to the PPMC hotlines — 08057008021, 08052195801 and 08100941174.
He said: “It is unacceptable for marketers to sell above the stipulated selling price and to hoard the product. We need to take back this country. The culture of Nigerians queuing and struggling to buy fuel when Christmas approaches or in time of holidays is unacceptable and should stop. The country belongs to us all.”
Commences publication of products lifting, supply
He said the NNPC has entered into a number of strategic alliances and introduced a number of initiatives to ensure the smooth supply of petroleum products across the country.
Some of the initiatives, according to him, include publishing the details of PPMC Depot Managers and key officials, while also publicizing details of products lifting and deliveries, giving the quantity and names of the various petrol stations involved
across the country.
He stated that the NNPC has met with oil marketers on ways to address the fuel crisis situation and has also met with officials of the Nigerian Navy to explore the possibilities of moving large vessels of PMS to Warri and Port Harcourt ports due to the traffic challenges experienced in loading in Apapa.
He added that the NNPC is working with State Governments to ensure increased monitoring of PMS supply across the states, while stating that its staff are working round the clock to ensure
adequate supply of PMS nationwide, especially during the Yuletide season.
He also stated that the NNPC has met with the Inspector-General of Police over the persistent gridlock at Apapa, noting that the Inspector-General has promised to set up a permanent team
to deal with the situation once and for all.
Apapa gridlock, vandalism, challenges to fuel supply
.
He identified some of the factors responsible for the scarcity and poor products supply to include the menace of pipeline vandalism, the perennial gridlock in Apapa, Lagos; hoarding and diversion of petroleum products and the challenges brought about in the interface with other government agencies in the discharge of petroleum products at the ports and at depots.
Ezeala lamented that the NNPC had not been able to transport petroleum products through the country’s pipeline over the last 6 months due to persistent vandalisation of the pipelines, stating that this was in spite of the fact that the country has one of the best pipeline network in Africa.

http://www.vanguardngr.com/2015/11/stop-panic-buying-fuel-not-scarce-nnpc-insists/

We hear!

Noted

we miss Gej. He tells us the truth no matter how bad it is.
The current administration feeds on lies and propaganda.
Fuel is not scarce and all those queue are on our filling stations?

How did we get here?

Bobbystanley:
we miss Gej. He tells us the truth no matter how bad it is.

The current administration feeds on lies and propaganda.

Fuel is not scarce and all those queue are on our filling stations?


How did we get here?

Not scarce, ok. Why the price hike?

Persons go just dey lie anyhow...

All they Do is lie to our faces, everyday, everytime and they expect us to keep believing...

Why won't they say this lie and Propaganda. After all govt officials can get fuel whenever they like, anytime and anyday. If only they stayed in queues to buy fuel like the innocent citizens are doing. I m not sure this person will have the nerves to say this rubbish (indirectly calling Nigerians liars)

So what is responsible for the sudden hike.

ha ha ha ha
i told you soo

Then NNPC should be on top of thier game and investigate fine any filling station guilty and involved in this artificial scarcity! !!

Why d lie when it is obvious or they no longer want to boast that d refineries are working? Was it not 3 wks ago that our dear V . P went ahead to announce that d price will crash below 87,
It is a pity that many gualible Nigerians are not seeing that every lie has continously attracted another lie for cover up.
The same people that told us to vote them that GEJ is very slow in decision taken and his Clueless

D big question now who is to blam GEJ N PMB or Change

sammyj:
Then NNPC should be in top of thier game and investigate fine any filling station guilty and involved in this artificial scarcity! !!

Their phone numbers are provided, if you notice any irregularities, don't hesitate to report

NNPC, The biggest secret cult in Nigeria. Keep those lies to yourself mbok!

permsec:
NNPC, The biggest secret cult in Nigeria. Keep those lies to yourself mbok!

huh?

Agimor:
So what is responsible for the sudden hike.

Like u Dnt kno Nigeria.... D petrol station in d village I'm serving just learnt Dr's fuel scarcity in ilorin 1 faithful morning n Dey immediately closed d petrol station, saying no fuel.... Dey opened it later in d evening, n boom!, price Don increase... No tanker came to drop fuel prior to dem reopening o..... N I'm sure dats hw most others heard of d news n followed suite

solonazzy:

Like u Dnt kno Nigeria.... D petrol station in d village I'm serving just learnt Dr's fuel scarcity in ilorin 1 faithful morning n Dey immediately closed d petrol station, saying no fuel.... Dey opened it later in d evening, n boom!, price Don increase... No tanker came to drop fuel prior to dem reopening o..... N I'm sure dats hw most others heard of d news n followed suite

That's one of the main problems we have concerning this fuel issue, imagine that. It happens like that everywhere tho