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FG Begins 15-day Emergency Fuel Supply to Curb Scarcity 

May 2, 2024
in Business
FG Begins 15-day Emergency Fuel Supply to Curb Scarcity 
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http://economicconfidential.com/

FIRS

The Federal Government says it has begun a 15-day emergency fuel supply to ensure the commodity circulates across the length and breadth of the country.

As fuel scarcity continues to bite harder in different locations, FG also disclosed that vessels importing Premium Motor Spirit would continue to berth at the shore to discharge petrol to different depots, from where the product would be distributed to different filling stations.

The Major Energies Marketers Association of Nigeria had in a statement on Tuesday said its members in Apapa and other locations in Lagos had been receiving 300 million litres of fuel from eight vessels this week.

This was after the South-West Regional Coordinator of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Ayo Cardoso, confirmed to our correspondents that aside from the 240 million litres offloaded at various depots on Monday, close to 85 million litres of petrol were offloaded as of Tuesday evening.

However, Economic Confidential observed on Wednesday that the queues in filling stations were yet to subside, even as Nigerians celebrated May Day.

As of Wednesday afternoon, it was observed that roads in Ogun, Lagos and others were deserted as vehicles lined up in filling stations to buy fuel. Some individuals said they had parked their vehicles pending the availability of petrol.

Also, the few filling stations where the fuel was available sold at prices considered to be too exorbitant, said commuters to our Correspondence.

But the NMPDRA’s Cardoso in an interview insisted that the product would soon be available across the nooks and crannies of the country, saying the government was doing its best to ensure massive distribution of PMS.

Cardoso disclosed that more vessels would keep arriving in Nigeria for two weeks, starting from last Monday. This, he said, would include continuous distribution of petrol to filling stations.

According to him, each state of the federation has its allocations, saying the same will be delivered to reduce the queues at filling stations.

“As I said earlier, there would be enough fuel across Nigeria soon. We have received over 300 million litres as of Tuesday. More have arrived as we speak, but I can’t give you the figure. Vessels will keep arriving in Nigeria for 15 days, which started counting on Monday, and we will keep distributing the product across the nation.

“The masses should not panic; all these will soon vanish. We are not prioritising anywhere, each state has its allocation to be delivered accordingly,” Cardoso stated.

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