The Nigerian National Petroleum Corporation Limited, NNPCL, has released 1.9 billion liters of gasoline just a day after the Department of State Services, DSS, gave players in the oil and gas business a 48-hour ultimatum.
The NNPCL, oil merchants, and other parties had been given a 48-hour deadline by the DSS to make PMS, also known as petrol, available to Nigerians.
This information was provided in a briefing on Thursday by Dr. Peter Afunanya, the secret service spokesperson.
The NNPC’s Group Chief Executive Officer, Mallam Mele Kyari, later declared that the business would release the 1.9 billion liters of fuel in response to the ultimatum.
Kyari, who was represented by NNPC Chief Financial Officer Umar Ajiya, told Nigerians that Premium Motor Spirit, or PMS, was readily available.
In order to provide immediate comfort to the populace, he added, “We have also directed operation team to engage in 24hours loading of PMS in the coming days and make sure some stores function 24hours without sacrificing security.”
Earlier, Engr. Mohammed, the Chairman of the Nigerian Midstream and Downstream Petroleum Regulatory Authority Farouk Ahmed committed to working with the NNPC and all parties involved to ensure that difficulties with the supply of petroleum products are properly resolved and to provide easy access.
The Nigerian Association of Road Transport Owners (NARTO), Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), Depots and Petroleum Products Marketers Association of Nigeria (DAPPMAN), Independent Petroleum Marketers Association of Nigeria (IPMAN), and other significant stakeholders in the sector reaffirmed their commitment to ending the shortage.