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Friday, 1 April 2016

State of Emergency declared over petroleum products scarcity nationally!

As petroleum products scarcity hits Nigeria.
 – The federal government has declared a state of emergency for fuel products
 – The news comes as filling stations remain barren
 – The crisis has been ongoing for months
In a desperate move to end the ongoing fuel scarcity, particularly of premium motor spirit, (PMS), the federal government has declared a state of emergency for petroleum products distribution.

This means private operators in the country now have the responsibility to bring in 60% of the scarce commodity in the second quarter import allocations.
According to Vanguard, for Q2, the Petroleum Products Pricing Regulatory Agency (PPPRA) 44% allocation to Depot and Petroleum Products Marketers Association (DAPPMA); 40% NNPC/PPMC; and 16% was allocated to Major Oil Marketers Association of Nigeria (MOMAN).
Huge queues at petrol stations have become a common sight
Confirming the developments, the commercial director of PPMC Mr Justin Ezeala, admitted to the drop in NNPC/PPMC new import allocation, saying that “it is meant to free NNPC to import only for itself, instead of importing for everybody as we have been doing since this year.”
He also admitted that the Minister of State for Petroleum Resources and Group Managing Director, NNPC, Dr Emmanuel Ibe Kachikwu, had “directed that everything related to petroleum distribution must be treated as an emergency.”
“From the beginning from tomorrow (today), we have confirmations for cargoes lined up to be received in-country. Petroleum cargoes are to be treated as essential commodities, with all the regulatory agencies – DPR, PPRA, put on the alert,” the minister said.
Many filling stations however have been forced to close
“We have put in place a process to receive them in terms of logistics and cut short on all the bureaucracies, as everything will be treated with emergency in order to end the fuel crisis.
“To this end, we have also kept trans-shipment vessels in Warri, Calabar depots for easy reach to the northern and southern parts of the country.

It would be recalled that the NNPC Group issued a statement to inform Nigerian s that a constant supply of over180million litters would be jointly monitored by the group and the  marketers for onward distribution throughout the months of March. Nigeria  were displeased to find out that that the arrangement has not yielded any positive outcome to ease the tension ocassioned by fuel scarcity.

“Today, we also held a meeting with officers of the Nigeria Security and Civil Defence Corps, NSCDC, to join forces with the Nigeria Police to monitor and follow products distribution from the depots to the retail outlets to cut short on sharp practices.

“We also met with the national executives of the Petroleum Tanker Drivers, PTD, to alert them to the sense of the emergency, as it takes about four days to take products from Lagos to Abuja.

“We are also planning to re-stream the Systems 2B Pipeline, which transports refined products from Atlas Cove reception Jetty to Mosimi, Ibadan and Ilorin.”

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