Two billion liters of gasoline are reportedly on hand, according to the Nigerian National Petroleum Company Limited (NNPC Ltd). Adeyemi Adetunji, the executive vice president of NNPC, said this in a statement (downstream).
According to Mr. Adetunji, the inventory of more than two billion liters is sufficient for more than 30 days. He said that in order to reduce petroleum lines, the NNPC scheduled ships and trucks to access unrestricted depots while closely monitoring large-scale loadouts from depots to states.
The NNPC vice president said that “the current waits in Lagos are mostly attributable to ongoing road infrastructure improvements surrounding Apapa and access road problems in Lagos.” The bottleneck is dissipating, NNPC Ltd. has scheduled trucks and boats to unrestricted depots, and big loadouts from depots to states are constantly monitored.
Mr Adetunji added that Abuja was impacted by the challenges recorded in Lagos and that NNPC retail and key marketers had intensified dedicated loading into Abuja to restore normalcy.
“We want to reassure Nigerians that NNPC has sufficient products, and we significantly increased product loading in selected depots and extended hours at strategic stations to ensure sufficiency nationwide,” he explained. “We are also working with industry stakeholders to ensure normalcy is returned as soon as possible.”
