NNPC Rules out Fuel Scarcity This Year, Says it Has 2.9 bn Litres In Stock


mele kyariDespite the industrial action embarked upon by the senior oil workers in the country, the Nigerian National Petroleum Corporation (NNPC)  has said that  there would not be petroleum scarcity  till the end of the year, as it  has over 2.9 billion litres of Premium Motor Spirit (PMS),  to service Nigerians  beyond the Yuletide period.

The corporation said this in a statement signed by its spokesman, Dr. Kennie Obateru, in Abuja, yesterday , adding that the ongoing disagreement between the Federal Government and the Petroleum and Natural Gas Senior Staff Association (PENGASSAN) over the implementation of the Integrated Payroll and Personnel Information System (IPPIS)will not lead to fuel scarcity.

According to him,’’the  NNPC Group Managing Director, Malam Mele Kyari, has said that  the industrial action embarked upon by PENGASSAN would not lead to scarcity of petroleum products’’.

Obateru  was optimistic that the industrial dispute would be settled amicably but pointed out that whatever happens , all fuel stations and petrol depots in the country have enough stock of products to service consumers and are open for business.

He said that critical stockholders in the petroleum products supply and distribution chain such as tanker drivers, depot owners and road transport owners had been mobilised to ensure a hitch-free season.

The Statement  disclosed  that the stock of  litres of petrol which the corporation has  will guarantee the seamless movement of people, goods and services across the country in the forthcoming Christmas season and beyond adding that the company was out to make the  2020 end-of-year festivities a zero fuel queue period just like the preceding year.