NNPC, Oil Marketers Reach Agreement to End Fuel Scarcity

The Nigerian National Petroleum Corporation, NNPC, on Wednesday night, November 18, revealed that it had reached an agreement with oil marketers to end scarcity of fuel in the country.

The state-run oil firm in a statement from its Group General Manager Public Affairs, Ohi Alegbe, in Abuja stated that the commitment of oil marketers will restore sanity to fuel supply and distribution condition within days.

NNPC explained that at the end of a strategy session convened by the Minister of State for Petroleum Resources, Ibe Kachikwu, to address the fuel situation, members of the Major Oil Marketers Association of Nigeria (MOMAN), Depot and Petroleum Products Marketers Association (DAPPMA) and the Jetty and Petroleum Tank Farm Owners of Nigeria (JEPTFON), agreed to end the fuel queues as soon as possible.

Kachikwu was quoted in the statement to have asked the marketers to set up proactive mechanism to guarantee unimpeded distribution of petroleum products across the country.

He also pledged to eliminate all bottlenecks to fast track the process, adding: “We have gotten DPR, PEF and PPPRA to be a bit more flexible with the rules to allow for more movement of trucks and products massively.”

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