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Nigerians assured of adequate fuel supply

08 May 2015, 13:12

Abuja - Amid the fuel scarcity in the country worsening, the Pipelines and Products Marketing Company (PPMC) has assured it has enough fuel to sustain the country for 31 days in its reservoir.

The agency, a subsidiary Nigerian National Petroleum Corporation (NNPC), revealed that it had 1.2 billion litres of petrol in stock.

Managing Director of the agency, Prince Haruna Momoh, disclosed the amount of stock.

He said 21 additional vessels laden with petroleum products were in Lagos offshore waiting to berth.

Momoh added that the NNPC had made adequate arrangements to ensure energy sufficiency in the country and reassured motorists.

"The noticeable queues at the filling stations would disappear within some days," he said.

Also read: Motorists assured of enough fuel supply

He also disclosed that NNPC had 21 days sufficiency of Automative Gas Oil (AGO) otherwise known as diesel and 18 days sufficiency of Dual Purpose Kerosene (DPK), also known as kerosene.

Momoh announced that as part of efforts to ensure petroleum products sufficiency and distribution, the NNPC had embarked on aggressive Reception Depots rehabilitation. “As at today, 18 depots out of the 23 depots have been fully recovered with the exception of Makurdi, Yola and Maiduguri due to the activities of pipeline vandals,” Momoh said.

He said the Corporation suffered petroleum products losses worth N40,8 billion through pipeline vandalism in 2014 stressing that no business could survive such a loss and still remain a going concern.

He said 97 pipeline vandals were currently undergoing prosecution and regretted that since the cases started a few years ago, none of the accused persons had been convicted for economic sabotage.

He called on Nigerians especially those living in communities where pipelines run through, to help in protecting the pipelines for the national interest.

- CAJ News


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