In its bid to ensure a hitch-free air travel across the country during and after the yuletide period, the Nigerian National Petroleum Corporation (NNPC) has flooded the market with Aviation Turbine Kerosene (ATK) popularly called aviation fuel.

The Group Managing Director of the Corporation, Dr. Maikanti Baru, who disclosed this in Abuja today said the giant step was taken to forestall shortage of the product, a situation that had recently led to reported cases of flight delays and cancellations across the nation’s airports.

Dr. Baru said in the build-up to the yuletide period, the Corporation had exceeded the demand of marketers.

The GMD explained that the NNPC had imported about 38.7million litres of aviation fuel which represented about 26-day sufficiency.

Specifically, he continued, on December 14, 2016, the Corporation completed the discharge of 8,800MT which represented about 10.6million litres to major terminals in the country.

In addition, as at this morning (December 19, 2016), 23,500MT which represented about 28.2million litres was being discharged to the major oil terminals.

In order to sustain the tempo, the Corporation had also secured the supply of additional 30,000MT vessel of ATK which represented about 36million litres expected to berth Nigerian shores before the end of the year.

Furthermore, NNPC wishes to state that it has over 40-day sufficiency for PMS and adequate volumes of AGO and DPK to satisfy national demand throughout the yuletide period and beyond.

The GMD further assured Nigerians that the NNPC would sustain the drive towards ensuring availability of petroleum products at all times.


Source:
http://www.ajayiwrites.com/2016/12/nnpc-floods-market-with-aviation-fuel.html

I hope they get it right this time around...


More stories here..

http://www.ajayiwrites.com/2016/12/nnpc-floods-market-with-aviation-fuel.html

Only on paper...
Just because I made a little typographical error, courtesy of SwiftKey...
Some busy bodies were quick to quote me...
Now where are your comments on this thread... In the dust bin

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buhari sef

Chey nah Only Una for NNPC dey import fuel now, it is well, greedy bunch

So it has to get bad before something's done?


Have these guys seen what the air fares are looking like? They're sky high atm..

Seeing is bliving

Mtceeeew Flood market? With sky rocketed price?
Abeg my own definition of "flood market" is goods with cheap price

Don't know what to believe. Nigerian matter don tire me

I will only believe this news when I go to buy ticket from Arik and they say it's now 15k instead of the current 40k.

erico2k2:
Chey nah Only Una for NNPC dey import fuel now, it is well, greedy bunch

...bcoz it's affecting the way the rich travel hence their prompt response.... i would have been blinkingly rich if MMM had just lasted 2 more months

Very gud.
Bad market for Those hoping to make a kill

this means citizens should store petrol cos scarcity is looming..

CBN should gimme loan to build a refinery

erico2k2:
Chey nah Only Una for NNPC dey import fuel now, it is well, greedy bunch

Smh....
Must u comment when u obviously lack common sense?

Have they change the price? If no, then this is no news.

What about reducing pump price of petrol for the ordinary man who can't afford to fly?

Fuel price still same

good one

So shld we now clap for dem for doing their job?

For the love of God deregulate the downstream sector, reach an accord with people of Niger delta, pass PIB and watch everything in our petroleum sector fall into place.

With the coming of Trump, Nigeria seem to have one last chance of making our final Billions of dollars before crude oil becomes as worthless as water

We cannot afford not to take advantage of this because of Ethnic superiority, greed and wickedness.

This time last year......

The rich must not suffer now..


If it petrol now, you start hearing different stories why it will stay scarce.


Useless government.

After 40days what next?

Beautiful but still a shame for a country blessed will what was imported still unable to export it when it is in it complete stage

In other words, go and buy fuel and keep now oooooooo. Because by january, scarcity will loom..