Marketers promise fuel at Easter

Fuel-dispencer17 April 2014, Lagos – Major Oil Marketers Association of Nigeria (MOMAN) has dispelled fears of possible fuel scarcity during the Easter period, saying it has made arrangements to provide adequate fuel for the public.

Its Executive Secretary, MOMAN, Mr. Obafemi Olawore, told reporters in Lagos that the association and the Nigerian National Petroleum Corporation (NNPC), would ensure that there is fuel in every part of the country, urging the public not to embark on panic-buying.

He said members of MOMAN, including Mobil, Total, Oando, MRS, Forte Oil, and Conoil, have 26,268 metric tonnes (MT), equivalent of 1000 trucks and that some are bringing in more vessels.

“For the forthcoming Easter celebration, we have made some arrangements to ensure that problem of scarcity will be ameliorated. It is very obvious to me that products are coming in and major marketers are ready to push the products out.

“At Apapa, we have 26,268 metric tonnes (MT), which is approximately 1000 trucks and a truck has 33,000 litres capacity. Actually, there are about two marketers that have low stocks but efforts are on to give them products. Their 2014 first allocation imports are almost exhausted and that is the reason we involved the Nigerian National Petroleum Corporation (NNPC) to give them products.”

He added: “NNPC said there is a vessel laden with 15,000 MT, which is about 600 trucks that is coming in today. Besides, marketers are also bringing in products in Lagos and Port Harcourt. Between now and weekend, we will get about 95,000 MT. Also a larger volume will be coming in next week but I’m sure that even if what we have now goes into the market, there shouldn’t.”


– The Nation

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