Democracy Newsline NewspaperDemocracy Newsline Newspaper
  • Home
  • Politics
    Politics
    Show More
    Top News
    In Rivers, Asíwájú Tinubu harps on unity, non-violence
    3 years ago
    Kogi Guber: Olayinka Braimoh Popularity Soars Ahead of other candidates  
    3 years ago
    Labour Party Dismisses Report of Arrest of National Chairman
    3 years ago
    Latest News
    NDC backs ‘Mama Amanda’s’ 2027 FCT Senate bid, says Abuja deserves better representation
    1 week ago
    THE THRONE MUST NEVER BECOME A POLITICAL PLATFORM
    2 months ago
    APC Stakeholders Raise Alarm Over Alleged Compromise of Party Structures, Call on Chief Fagbemi to Act with Neutrality
    3 months ago
    Hon. Tahir Suleiman Abdulwahab Obtains Nomination Forms, Seeks Support Ahead of ADC Primaries
    3 months ago
  • Technology
    TechnologyShow More
    Key Takeaways from the Kogi Dialogue Marking Governor Ododo’s First Year in Office
    2 years ago
    Bala Wunti in the News Again
    2 years ago
    Dangote Refinery Slashes Ex-Depot Petrol Price to N890 Per Litre
    2 years ago
    Ajaokuta LNG Plants Will Position Kogi as a Key Player in Nigeria’s Energy Sector – Governor Ododo
    2 years ago
    Ughievwen Monarch Commends Tinubu for Approval of New 10,000 bpd Refinery in Imode
    2 years ago
  • Community Reports
  • Education
  • News
  • Security
  • Economics
  • International
  • Opinion
  • Aviation
Reading: Fuel Scarcity will end today, May 1, NNPCL Assures Nigerians
Share
Notification Show More
Latest News
INEC RESTORES FOUR DELTA, KOGI ASSEMBLY CONSTITUENCIES, SETS AUGUST 21–25 FOR PRIMARIES
News
SGF Congratulates Dr Ocholi on TETFund Appointment
News
My Birthday is Dedicated to Laying a Solid Foundation for Ijumu State Assembly II — MOY
News
NYSC ORIENTATION CAMP: BETWEEN MYTH AND REALITY
News
Security Operatives Lay Siege to the Residence of Akogun Lere Oyewumi in Late-Night Operation; An Assault on Democracy’__ Oyewumi Senator
News
Aa
Democracy Newsline NewspaperDemocracy Newsline Newspaper
Aa
  • Economics
  • Politics
  • Business
  • Science
  • Technology
  • Home
  • Politics
  • Technology
  • Community Reports
  • Education
  • News
  • Security
  • Economics
  • International
  • Opinion
  • Aviation
Have an existing account? Sign In
Follow US
  • Advertise
© 2023 Democracy Newsline All Rights Reserved.
Democracy Newsline Newspaper > News > Business > Fuel Scarcity will end today, May 1, NNPCL Assures Nigerians
BusinessEconomicsNews

Fuel Scarcity will end today, May 1, NNPCL Assures Nigerians

Democracy Newsline
Last updated: 2024/05/01 at 6:03 AM
Democracy Newsline 2 years ago
Share
SHARE

Fuel Scarcity will end today, May 1, NNPCL Assures Nigerians

THE Nigerian National Petroleum Company Ltd. has assured Nigerians that the ongoing fuel scarcity and queues w, would be cleared out Wednesday, May 1.

Mr Olufemi Soneye, Chief Communications Officer, NNPCL, told the News Agency of Nigeria (NAN) on Tuesday in Lagos.

According to Soneye, the company currently has an availability of product exceeding 1.5 billion litres, which can last for at least 30 days.

- Advertisement -
Ad imageAd image

“Unfortunately, we experienced a three-day disruption in distribution due to logistical issues, which have since been resolved.

“However, as you know, overcoming such disruptions typically requires to double the amount of time to return to normal operations,” he said.

He said: “Some folks are taking advantage of this situation to maximize profits.

“Thankfully, product scarcity has been minimal lately, but these folks might be exploiting the situation for unwarranted gain

“The lines will be cleared out between today and tomorrow,” Soneye assured.

Similarly, Mr Hammed Fashola, the National Vice President of the Independent Petroleum Marketers Association of Nigeria (lPMAN), expressed hope that the queues in Lagos and Ogun would ease off this week, relying on the words of the NNPCL.

Fashola, however, stated that the queues in Abuja might tarry a bit due to the distance to Lagos.

“The information available to us from the NNPCL was that, there was a logistics problem, and when that happens, it will disrupt the supply chain.

“That might be a delay in the movement of ships from the mother vessel to the daughter vessel before it gets to the depot tanks.

“Before we can correct that, surely it will take some days. I think by Tuesday or Wednesday, there will be more products available for lifti¹ng by marketers.

“It might take time before it can ease off in Abuja, considering the distance to Lagos and the bad roads; Lagos might be calm this new week,” Fashola assured.

NAN correspondent who monitored the situation on Monday reports that stranded motorists and commuters have expressed concern over frequent fuel scarcity in Lagos metropolis.

This development, they noted, had resulted in a few commercial vehicles, which led to a hike in fares.

The situation within Lagos metropolis showed that only a few filling stations were selling, with long queues in most parts.

NAN reports that this was also the same situation within Abule -Egba and environs, Abbatoir Road in Agege, Akowonjo Road, Bariga, Fola- Agoro and the popular Lasu-Igando Road.

The few filling stations that dispensed petrol had long queues of vehicles stretching some meters.

Across the metropolis on Monday, petrol queues were seen at filling stations like Mobil, NIPCO, TotalEnergies, Forte Oil and ConOil along Ikorodu Road.

North West at Maryland, Gbagada, NIPCO along Ijede road, Ikorodu, and TotalEnergies at the NNPC bus stop in Ejigbo stretched to about 500 metres from the pumps. (NAN)

You Might Also Like

INEC RESTORES FOUR DELTA, KOGI ASSEMBLY CONSTITUENCIES, SETS AUGUST 21–25 FOR PRIMARIES

SGF Congratulates Dr Ocholi on TETFund Appointment

My Birthday is Dedicated to Laying a Solid Foundation for Ijumu State Assembly II — MOY

NYSC ORIENTATION CAMP: BETWEEN MYTH AND REALITY

Security Operatives Lay Siege to the Residence of Akogun Lere Oyewumi in Late-Night Operation; An Assault on Democracy’__ Oyewumi Senator

Democracy Newsline May 1, 2024
Share this Article
Facebook Twitter Whatsapp Whatsapp Telegram Email
Previous Article Surveillance Contract: Group Accuses Olu of Warri’s Company, Pipeline Infrastructures Nigeria Limited of not doing anything yet Pocket billions of Naira every month
Next Article FG Approves Salary Increase for Civil Servants
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

about us

Democracy Newsline Newspaper is a Nigerian news and current affairs publication committed to keeping readers informed with relevant, timely, and credible information on events and issues that matter to society.

  • Home
  • About Us
  • News
  • Correction Policy
  • Editorial Policy
  • Terms and Conditions
  • Disclaimer
  • Privacy Policy
  • Contact Us

Recent Posts

  • INEC RESTORES FOUR DELTA, KOGI ASSEMBLY CONSTITUENCIES, SETS AUGUST 21–25 FOR PRIMARIES
  • SGF Congratulates Dr Ocholi on TETFund Appointment

© Democracy Newsline Newspaper. Published by Macbihem Venture Limited. All Rights Reserved.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?