NNPC Vows to Sustain Stability in Fuel Supply


fuel queqeThe Nigerian National Petroleum Corporation (NNPC), says it has activated measures to ensure that the prevailing stability in the supply and distribution of petroleum products is sustained across the country.


The Group Managing Director, Dr Maikanti Baru, said this in a statement issued by the NNPC Spokesman, Mr Ndu Ughamadu on Tuesday in Abuja.


According to Baru, the NNPC will imbibe the lessons garnered from the exercise to improve on its ability to discharge its responsibility as supplier of last resort.


He said the War Room, which was activated three months ago to combat fuel scarcity, and comprised officials from the Ministry of Petroleum subsidiaries and security operatives, had ended its mandate.


He said the war room had provided the corporation with a platform for “real-time monitoring, information sharing, process de-bottlenecking as well as accelerated decision-making by top management.


“After months of consistent efforts, coupled with the doggedness of the War Room lieutenants, who spent days and nights, often sacrificing weekends and public holidays, we were able to take far-reaching actions and arrive at impactful decisions that have turned around the situation from misery to victory.’’


He said the corporation would maintain an eagle eye on the daily Premium Motor Spirit (PMS), or petrol evacuation figures from depots across the nation, and where necessary, engage the Nigerian Customs Service (NCS) through existing Joint Monitoring Team.


“To the leadership of the Security Agencies, I cannot thank you enough for your support, while at the same time requesting for more of such as we continue to navigate the waters of the downstream sector as the sole importer of the PMS,’’ he said.


Baru pledged that as the supplier of last resort, NNPC would always ensure petroleum products availability nationwide.


The statement also quoted Dr Babatunde Adeniran, the Chief Operating Officer, Ventures and leader of the Fuel Supply War Room as saying “the exercise provided invaluable knowledge and capacity building opportunity.


“Not only for the War Room members but also for the corporation and the entire Oil and Gas Industry at large.’’


The NNPC Fuel Supply War Room was inaugurated on Dec. 4, 2017, as a Rapid Response Committee to manage the then fuel supply and distribution hiccups that arose at the period.


It consisted of officials involved in the NNPC supply and distribution community, namely: Crude Oil Marketing Division, Petroleum Products Marketing Company, and Nigerian Pipelines and Storage Company.


Others are NNPC Shipping, NNPC Retail Limited, Group Human Resources, the Refineries and Group Security Department as well as the Public Affairs Division.


Also, the Department of Petroleum Resources, Petroleum Products Pricing and Regulatory Agency, Petroleum Equalization Fund and security agencies, especially the Nigeria Security and Civil Defense Corps, the Nigerian Police Force and the Department of State Security supported the exercise.