The Nigerian National Petroleum Company (NNPC) Limited has informed the public that the current fuel shortages and the accompanying queues will be resolved by Wednesday.
Olufemi Soneye, Chief Communications Officer at NNPCL, shared this information with the News Agency of Nigeria (NAN) on Tuesday in Lagos.
He stated that the company has more than 1.5 billion litres of fuel in stock, sufficient to last for at least 30 days.
“Unfortunately, we experienced a three-day disruption in distribution due to logistical issues, which has since been resolved.
“However, as you know, overcoming such disruptions typically requires double the amount of time to return to normal operations.
“Some folks are taking advantage of this situation to maximize profits.
“Thankfully, product scarcity has been minimal lately, but these folks might be exploiting the situation for unwarranted gain.
“The lines will be cleared out between today and tomorrow,” Soneye assured.
Similarly, Hammed Fashola, the National Vice President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), has expressed optimism that the fuel queues in Lagos and Ogun will diminish this week, based on assurances from the NNPC.
However, Fashola noted that the queues in Abuja might persist longer because of the distance from Lagos.
