Friday, June 9, 2023

Fuel Queues: NNPC says two billion litres of petrol in stock

“We are also working with industry stakeholders to ensure normalcy is returned as soon as possible.”

• December 1, 2022
Fuel queue used to illustrate the story
Fuel queue [Photo credit: The Guardian]

The Nigerian National Petroleum Company Limited (NNPC Ltd) says it has two billion litres of petrol in stock.

This is contained in a statement issued by Adeyemi Adetunji, NNPC’s executive vice president (downstream).

Mr Adetunji said the stock of over two billion litres is equivalent to over 30 days of sufficiency.

The NNPC, he said, programmed vessels and trucks to unconstrained depots while massive loadouts from depots to states were closely monitored to ease fuel queues.

“The recent queues in Lagos are largely due to ongoing road infrastructure projects around Apapa and access road challenges in Lagos,” stated the NNPC vice president. “The gridlock is easing out, and NNPC Ltd has programmed vessels and trucks to unconstrained depots, and massive loadouts from depots to states are closely monitored.

Mr Adetunji added that Abuja was impacted by the challenges recorded in Lagos and that NNPC retail and key marketers had intensified dedicated loading into Abuja to restore normalcy.

“We want to reassure Nigerians that NNPC has sufficient products, and we significantly increased product loading in selected depots and extended hours at strategic stations to ensure sufficiency nationwide,” he explained. “We are also working with industry stakeholders to ensure normalcy is returned as soon as possible.” 


We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Katsina State


Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Fulgence Kayishema


Rwandan genocide suspect faces fraud, immigration charges in South Africa

Ex-police officer Fulgence Kayishema is wanted internationally for his suspected participation in Rwanda’s 1994 genocide.

President Bola Tinubu and fuel pump


Finance commissioners advise Tinubu to put all subsidy accruals in federation account

Nigeria’s finance commissioner has called on President Bola Tinubu’s government to ensure all accruals from the fuel subsidy removal go to the federation account.

Akwa Ibom Speaker Udeme Otong


Udeme Otong emerges 8th Akwa Ibom Assembly Speaker

Mr Otong, a two-term lawmaker, emerged after securing 20 votes to defeat his only contender, Ukpong Akpabio, who scored six votes.

The National Population Commission (NPC)


2023 census ‘ll be devoid of political interference, vows commissioner

The census, earlier billed for between May 3 and May 7, was postponed due to the federal government’s transition programme.

Allied Peoples Movement (APM)


Tribunal fixes June 19 to commence APM’s petition against Tinubu’s victory

The Allied Peoples Movement (APM) is challenging the February 25 election victory of President Bola Tinubu and Vice-President Kashim Shettima of the All Progressives Congress (APC).

Justin Welby, Gays in Uganda


Archbishop of Canterbury urges Ugandan Anglicans to reject anti-gay law

Under the law, gay sex is punishable by life in prison while “aggravated homosexuality”, including transmitting HIV, attracts the death penalty.