The Nigerian National Petroleum Company Ltd. (NNPCL) has assured Nigerians that the current fuel scarcity and queues will end by Wednesday, May 1, 2024.
Olufemi Soneye, the NNPCL’s chief communications officer, said this on Tuesday in Lagos.
Soneye claims that the company now has more than 1.5 billion liters of products available, enough to last for a minimum of thirty days.
“Unfortunately, logistical issues caused a three-day distribution disruption that has since been resolved.
He responded, “But as you know, it usually takes double as long to recover from such disruptions and resume regular operations.”
“Some people are taking advantage of this situation to maximize profits,” he stated.
“Fortunately, there has not been much of a supply shortage lately, but it looks like some people are taking advantage of the situation for unwarranted gain.
Soneye promised, “The lines will be cleared out between today and tomorrow.”
In a similar vein, citing the NNPCL’s statements, Mr. Hammed Fashola, National Vice President of the Independent Petroleum Marketers Association of Nigeria (lPMAN), expressed optimism that the queues in Lagos and Ogun would thin this week.
However, Fashola said that because of the distance to Lagos, the queues in Abuja might tarry.
According to the information provided by the NNPCL, there was a logistics issue, which can cause supply chain disruption.
Before it reaches the depot tanks, there may be a delay in the movement of ships from the mother vessel to the daughter vessel.
It will undoubtedly take a few days before we can fix it. I think that more products will be available for marketers to lift by Tuesday or Wednesday.
“Given the distance to Lagos and the bad roads, it might take some time before it can ease off in Abuja; Lagos might be calm this new week,” Fashola promised.
Concerns over regular fuel scarcity in Lagos have been voiced by stranded motorists and commuters, according to a NAN correspondent who was on the scene on Monday.
A few commercial vehicles have been the consequence of this, which led to a hike in fuels.
The state of affairs in Lagos’s metropolitan area showed that most filling stations had long queues and that very few were selling.
According to NAN, the same situation existed at Abule-Egba and its surroundings, as well as on Abbatoir Road in Agege, Akowonjo Road, Bariga, Fola-Agoro, and the well-known Lasu-Igando Road.
There were long queues of vehicles extending many meters long at the few gas stations that dispensed fuel.
Petrol queues were visible on Monday around the city at stations along Ikorodu Road, including Mobil, NIPCO, TotalEnergies, Forte Oil, and ConOil.
Stretched around 500 meters from the pumps, North West at Maryland, Gbagada, NIPCO along Ijede road, Ikorodu, and TotalEnergies near the NNPC bus stop in Ejigbo.