The Nigerian National Petroleum Corporation (NNPC) on Tuesday dismissed mounting insinuation of possible scarcity of petroleum products assuring the nation of a stock of over 2.9 billion litres that can last beyond the yuletide.
Nigerians have feared there could be a scarcity of the products following an ongoing disagreement between the Federal Government and members of the Petroleum and Natural Gas Senior Staff Association (PENGASSAN) on the implementation of the Integrated Payroll and Personnel Information System (IPPIS).
Kennie Obateru, Group General Manager, Group Public Affairs Division of the Corporation, in a statement, noted that Mele Kyari that the industrial action embarked upon by PENGASSAN would not lead to scarcity of petroleum products as all fuel stations and petrol depots in the country have enough stock of products to service consumers and are open for business.
While expressing hope that the industrial dispute would be settled amicably, Kyari assured that the Corporation has thus far emplaced a stock of over 2.9 billion litres of petrol to guarantee the seamless movement of people, goods and services across the country in the forthcoming Christmas season and beyond.
The NNPC GMD reiterated that the Corporation is determined to make the 2020 end-of-year festivities a zero fuel queue period just like the preceding year, noting that critical stockholders in the petroleum products supply and distribution chain such as tanker drivers, depot owners and road transport owners have been mobilized to ensure hitch-free season.
[…] The union’s President, Mr Felix Osifo, who disclosed this in a statement, said the meeting was inconclusive because the government was yet to address some of PENGASSAN’s demands. […]
[…] The ex-depot price is the price at which the product is sold by the PPMC to marketers at the depots. […]