JUST IN: NNPC Assures Nigerians Of Adequate Supply Of Petroleum Products During Easter

A fuel station attendant dispenses kerosene at a Nigerian National Petroleum Corporation (NNPC) mega petrol station in Abuja January 23, 2015. The NNPC commenced sale of kerosene cooking fuel, which a majority of Nigerians depend on for cooking, at a reduced pump price of $0.27 per litre nationwide at all NNPC outlets. REUTERS/ Afolabi Sotunde (NIGERIA – Tags: ENERGY BUSINESS) – RTR4MO8Q

The Nigerian National Petroleum Corporation (NNPC) has assured Nigerians of an adequate supply of petroleum product during the Easter celebration.

This was disclosed on Thursday by Group Managing Director of NNPC, Maikanti Baru during the 30th Enugu International Trade Fair.

“To make the Easter holidays pleasurable, the NNPC has put all the necessary arrangements in place to berth two vessels of 50 million litres of petrol daily.

“I caution depot owners or terminal operators against selling petrol above the official ex-depot price of N133.28k per litre.

“Consumers of the product should be informed that the price of petrol in the country remains N145 per litre,” he said.

Mr Baru warned that any station that sold the product above the regulated price would be reported to the Department of Petroleum Resources (DPR).

The GMD called for support of Nigerians towards the protection of NNPC assets in their respective communities.

Mr Baru said it was sad that in spite of efforts to stem pipeline vandalism, the malaise is yet to abate.

He said 257 pipeline vandalised points were recorded in December 2018.

He commended the Enugu Chamber of Commerce, Industries, Mines and Agriculture (ECCIMA) for providing the platform which offered market visibility to large corporations and Small and Medium Scale Enterprises.

Earlier, the ECCIMA President, Emeka Udeze, urged NNPC to address issues affecting the downstream sector of the oil industry.

Mr Udeze commended the corporation for the near stability in the supply of petroleum products.

He expressed the hope that the lessons learnt from what he called various crises in the downstream sector in recent past would provide needed buffer to stabilise the supply chain in the industry.

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