NATIONAL ASSEMBLY COMMENDS NNPC ON FUEL AVAILABILITY PLANS AT YULETIDE

NATIONAL ASSEMBLY COMMENDS NNPC ON FUEL AVAILABILITY PLANS AT YULETIDE

Originally published on December 10, 2018

The Nigerian National Assembly has commended the Nigerian National Petroleum Corporation on measures adopted in making petroleum products available to Nigerians during the end of year season and beyond.

Chairman of the House of Representatives’ Committee on Petroleum (Downstream), Hon. Joseph Akinlaja, stated above, during a courtesy visit to NNPC Towers yesterday.

The lawmaker expressed confidence that adequate measures has been put in place by the corporation to avert fuel supply shortage through painstaking efforts, planning and execution of the zero-fuel scarcity strategy.  

“We are impressed by the presentation and we are sure there will be no war room here again because of products scarcity, you have done very well and I’m happy that Nigerians are going to travel effortlessly at this period of the year”, Hon. Akinlaja expressed.

On the threat by major, independent petroleum products marketers to ground the sector due to unpaid subsidy arrears, the Committee Chairman appealed to the Federal Government to do everything within its powers to pay up the arrears to forestall any crisis.

Speaking further on the need to support NNPC to sustain petroleum products supply, Hon. Akinlaja said the corporation was overburdened and “because of that, when it runs into hiccups, somebody will say their operations are opaque. Let’s avoid fuel scarcity by supporting NNPC”.

The Committee also expressed satisfaction with the improvement on the integrity of the pipelines and urged NNPC to expedite action on the remaining ones, especially those linking the Ore Depot from Benin City and to the Ibadan Depot.

In his presentation to the Committee, Group Managing Director of NNPC, Dr. Maikanti Baru, reassured Nigerians of the corporation’s preparedness to ensure zero-scarcity of petroleum products during the upcoming festive season and beyond.

The GMD who was represented by NNPC Chief Operating Officer, Downstream, Mr. Henry Ikem Obih, lauded the Committee for its support during the last fuel supply hiccups that occurred in the country from November 2017 to the early part of this year.

He disclosed that adequate measures have been deployed to avert any form of supply challenge, stressing that even if NNPC were to stop importing fuel as from today, there was enough stock of Premium Motor Spirit (PMS) in the country to last for 45 days.