A Review of the Nigerian Energy Industry

NNPC moves to clear fuel queues

Andrew Yakubu, GMD, NNPC

03 March 2014, Abuja – The Nigerian National Petroleum Corporation (NNPC) over the weekend commenced fresh measures to halt what it described as artificially induced fuel scarcity in some parts of the country particularly in Lagos and its environs.

NNPC spokesman Dr. Omar Farouk Ibrahim said in a statement that the corporation in conjunction with the Department of Petroleum Resources (DPR) and the Petroleum Products Pricing Regulatory Agency (PPPRA) will commence detailed monitoring of fuel stations in Lagos as well as any other state to checkmate the incidence of hoarding and panic buying of fuel.

“We tried it in Abuja and its environs and today the effective monitoring has decimated the hitherto long fuel queues in Abuja. We are extending the extensive joint monitoring to Lagos,” Ibrahim said.

He said as the supplier of last resort the NNPC is doing everything within its mandate to alleviate the hardship caused by the fuel situation while re-iterating that the federal government has no plan to increase the price of petrol as being speculated.


– Daily Trust

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