Petrol Scarcity: We’re Collaborating With NNPC to Improve Distribution – MOMAN

The Major Oil Marketers Association of Nigeria (MOMAN) says it is working with...

The Major Oil Marketers Association of Nigeria (MOMAN) says it is working with the Nigeria National Petroleum Company (NNPC) Limited to improve the distribution of petrol across the country.

Clement Isong, chief executive officer of MOMAN, said this on Saturday in an interview with NAN in Lagos.

During the week, the current scarcity of petrol had resulted in long queues at filling stations in Lagos, Ogun, and other states as buyers spent hours waiting to buy the commodity.

Isong said the association had been holding daily meetings with the downstream management of NNPC on how to improve the supply of petrol.

According to him, the collaboration with NNPC will enhance the distribution of petroleum products in the country.

“We are doing depot to depot check-in and check-out to enhance efficiency, and also having logistic supply meetings with NNPCL,” Isong said.

“There is also collaboration among our members to cushion supply to various MOMAN’s stations.

“We arranged it in a way that any MOMAN member who does not have product can pick from fellow members’ depot to minimise supply gaps.”

Isong also said the effort was to improve the supply of petrol at filling stations across the country.

“NNPCL had an operational meeting with MOMAN to ensure that products are effectively distributed across the country,” he said.

“The logistics meeting was to ensure adequate distribution of products to stations across the country.”

Isong further said MOMAN members would be working late and during the weekend to bridge product supply gaps, adding that the association had been pushing out more products than it normally did.

He noted that the scarcity was as a result of delay experienced at the point of receiving products from offshore to onshore at the port.

However, Isong assured the logistics challenge had been resolved and members were currently trucking out products.

Meanwhile, two weeks ago, stakeholders under the aegis of Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN), called for a quick intervention by the federal government

Winifred Akpani, DAPPMAN’s chairman, said access to forex (FX) through the official market would enhance their capacity, facilitate seamless supply of petrol, and birth a regime of sustainability in terms of storage, distribution and supply across the nation.

“DAPPMAN hereby calls on the government to establish a level playing field in the sector by giving petroleum marketers access to forex at the CBN exchange rate for their operations,” Akpani had said.

She added that accessing FX at the official rate would boost fuel supply across the country.

TLD Newsletter

Get the latest legal news, key cases, top lawyers, and expert analysis for your legal journey.

RELATED ARTICLES

Petroleum Company Records First Oil Production

A petroleum exploration and production company, Emadeb Exploration and Production Company Limited, has expressed excitement

Dangote Refinery Says Price Cut Prompted Reduction in Pump Prices

Dangote Petroleum Refinery has said that the recent reduction in pump prices by oil marketers

Togo, Niger, Benin Owe Nigeria $20m for Electricity Supplied in Six Months

International bilateral customers, including Société Béninoise d’Énergie Électrique (SBEE) from the Republic of Benin, Compagnie

Nigeria Emerges Oil Trading Hub, Africa’s Next Growth Frontier

Africa is fast positioning itself as the next major growth frontier for the downstream oil

LSE-listed Savannah Energy Appoints Two Nigerians as Independent Directors

British oil and gas company Savannah Energy has appointed two Nigerian professionals, Uyi Akpata and

Dangote Refinery Denies Importing High-Sulphur Petrol

The Dangote Petroleum Refinery has denied reports that it imported finished premium motor spirit (PMS)

TLD Newsletter

Get the latest legal news, key cases, top lawyers, and expert analysis for your legal journey.

This Pop-up Is Included in the Theme
Best Choice for Creatives

Purchase Now

TLD Newsletter

Get the latest legal news, key cases, top lawyers, and expert analysis for your legal journey.