[News] (JUST IN) "Real reason fuel scarcity hit Nigeria: FG opens up"

The Federal Government on Tuesday confirmed that the presence of adulterated petrol, fuel was discovered in the supply chain, which it decided to withdraw from the market, leading to fuel scarcity.

Fuel scarcity had spread across several places in Lagos, Abuja, Niger, Nasarawa, among others in the last few days with long queues at filling stations.

A statement issued by the Nigerian Midstream and Downstream Petroleum Regulatory Authority explained that limited quantity of Premium Motor Spirit, commonly known as Petrol, with methanol quantities above Nigeria’s specification was discovered in the supply chain.

It said Methanol is a regular additive in Petrol and usually blended in an acceptable quantity.

The body added that to ensure vehicular and equipment safety, the limited quantity of the impacted product had been isolated and withdrawn from the market, including the loaded trucks in transit.

The government said its technical team in conjunction with NNPC Ltd and other industry stakeholders would continue to monitor and ensure quality petroleum products were adequately supplied and distributed nationwide.

It added that the Nigerian National Petroleum Corporation Limited and all Oil Marketing Companies had been directed to sustain sufficient distribution of Petrol in all retail outlets nationwide.

The body said NNPC had intensified efforts at increasing the supply of Petrol into the market in order to bridge any unforeseen supply gap.

What do you think about this post?

We want to hear from y'all

Drop comments