Abuja- The federal government has approved 1.85 million tonnes of petrol
import allocation for two quarters covering January to June
The Minister of Petroleum Resources, Diezani Alison-Madueke, stated this in
a statement issued by the Group General Manager, Group Public Affairs Division
of the NNPC, Ohi Alegbe, in Abuja.
The statement said the minister also declared operation zero fuel queues and
established structures to ensure round the clock availability of petrol across
It said the minister had put in place measures to ensure full compliance
with the aspiration of zero fuel queues across the country.
“Under the arrangement, the minister has approved the allocation of a total
volume of 1.85 million metric tonnes of petrol as supplementary volumes for
first quarters 2014 and second quarter 2014 June only delivery.
“The supplementary volume for first quarter quota is 750 000 metric tonnes
and the second quarter June only volume is 1.11million metric tonnes,” it
The statement said the first quarter supplementary volume was designed to
complement the earlier allocation in addition to covering any under delivery by
marketers due to unforeseen financial challenges.
It said second quarter (June only) quota was in consonance with the national
consumption pattern of 40 million litres per day.
It also noted that the second quarter quota also captured a 23 percent upper
tolerance in the event of default or slippage into July.
"There are 27 oil marketing companies with proven performance records
enlisted in respect of Q1 deliveries.
"For Q2, there are 40 marketers with good performance records and whose
facilities are functional.
It said the ministry was working in concert with other relevant downstream
operators to ensure the realisation of the zero fuel queues aspiration of the
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