Fuel queues – Tech | Business | Economy https://techeconomy.ng Tech | Business | Economy Mon, 08 Jul 2024 16:37:04 +0000 en-GB hourly 1 https://wordpress.org/?v=7.0 https://techeconomy.ng/wp-content/uploads/2025/06/cropped-256Px-32x32.png Fuel queues – Tech | Business | Economy https://techeconomy.ng 32 32 Blame Fuel Queues on Logistics, Flooding – NNPC https://techeconomy.ng/blame-fuel-queues-on-logistics-flooding-nnpc/ https://techeconomy.ng/blame-fuel-queues-on-logistics-flooding-nnpc/#respond Mon, 08 Jul 2024 16:37:04 +0000 https://techeconomy.ng/?p=136048 The Nigerian National Petroleum Corporation (NNPC) Limited has blamed the resurfaced fuel queues in parts of Nigeria on logistics challenges and flooding.

According to the company, last week’s flooding in Lagos resulted to disruption of ship-to-ship (STS) transfer of Premium Motor Spirit (PMS), also known as petrol, between Mother Vessels and Daughter Vessels resulting from recent thunderstorm.

A statement signed by Olufemi Soneye, chief corporate communications officer, NNPC Ltd.,

Reads:

“The NNPC Ltd wishes to state that the fuel queues seen in the FCT and some parts of the country, were as a result of disruption of ship-to-ship (STS) transfer of Premium Motor Spirit (PMS), also known as petrol, between Mother Vessels and Daughter Vessels resulting from recent thunderstorm.

“The adverse weather condition has also affected berthing at jetties, truck load-outs and transportation of products to filling stations, causing a disruption in station supply logistics.

“The NNPC Ltd also states that due to flammability of petroleum products and in compliance with the Nigerian Meteorological Agency (NIMET) regulations, it was impossible to load petrol during rainstorms and lightning.

“Adherence to these regulations is mandatory as any deviation could pose severe danger to the trucks, filling stations and human lives.

“Similarly, the development was compounded by consequential flooding of truck routes which has constrained movement of PMS from the coastal corridors to the Federal Capital, Abuja.

“The NNPC Ltd is working with relevant stakeholders to resolve the logistics challenges and restore seamless supply of petrol to affected areas.

“Already, loading has commenced in areas where these challenges have subsided, and we are hoping the situation will continue to improve in the coming days and full normalcy would be restored.

“The NNPC also calls on motorists to avoid panic buying and hoarding of petroleum products”.

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NNPCL Targets May 1 to End Fuel Scarcity, Queues https://techeconomy.ng/nnpcl-targets-may-1-to-end-fuel-scarcity-queues/ https://techeconomy.ng/nnpcl-targets-may-1-to-end-fuel-scarcity-queues/#respond Tue, 30 Apr 2024 14:30:07 +0000 https://techeconomy.ng/?p=130240 The Nigerian National Petroleum Company Limited has assured Nigerians that the ongoing fuel scarcity and queues will be cleared out Wednesday, May 1.

Olufemi Soneye, the chief Communications Officer, NNPCL, disclosed this to newsmen on Tuesday in Lagos.

He said the company currently has an availability of product exceeding 1.5 billion litres, which can 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.”

Meanwhile,  Hammed Fashola, the National vice president of the Independent Petroleum Marketers Association of Nigeria, lPMAN, expressed optimism that the queues in Lagos and Ogun would ease off this week, relying on the words of the NNPCL.

Fashola, however, stated that the queues in Abuja might tarry a bit due to the distance to Lagos.

“The information available to us from the NNPCL was that there was a logistics problem, and when that happens, it will disrupt the supply chain.

“That might be a delay in the movement of ships from the mother vessel to the daughter vessel before it gets to the depot tanks.

“Before we can correct that, surely it will take some days. I think by Tuesday or Wednesday, there will be more products available for lifti¹ng by marketers.

“It might take time before it can ease off in Abuja, considering the distance to Lagos and the bad roads; Lagos might be calm this new week,” Fashola assured.

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Fuel Scarcity Worsens despite NNPC’s Promises https://techeconomy.ng/fuel-scarcity-worsens-despite-nnpcs-promises/ https://techeconomy.ng/fuel-scarcity-worsens-despite-nnpcs-promises/#respond Mon, 29 Apr 2024 07:43:00 +0000 https://techeconomy.ng/?p=130067 Nigerians in Lagos and other parts of the country are still struggling to get Premium Motor Spirit (PMS) as many filling stations remained under lock and key throughout the weekend.

Recall that the NNPC Ltd had blamed logistics bottlenecks as the primary reason for the long queues built up in filling stations in some parts of Nigeria, especially Lagos State and Abuja.

The resurface of long queues at the filling stations created fears of impending fuel scarcity and possible hike in price.

fuel scarcity hurting small businesses
fuel scarcity hurting small businesses

A statement made available to TECHECONOMY by Olufemi Soneye, the chief corporate communications officer of the NNPC Ltd. Reads:

“The Nigerian National Petroleum Company Limited (NNPC Ltd) wishes to clarify that the tightness in the supply of Premium Motor Spirit currently being experienced in some areas across the country is as a result of logistics issues and that they have been resolved.

“It also wishes to reiterate that the prices of petroleum products are not changing.

“It urges Nigerians to avoid panic buying as there is a sufficiency of products in the country”.

However, eye witness account shows the situation might worsen in Lagos and other parts of the South-West like Ogun, Oyo, Osun and others because there was a directive by the Nigerian National Petroleum Company Limited (NNPC Ltd) that fuel trucks must first service the Federal Capital Territory before any other place.

As a result, the majority of trucks leaving the depots in Lagos since Friday were heading for Abuja.

Officials of the NNPC Ltd and marketers told our correspondents that there was a directive that depots should service Abuja filling stations before any other part of the nation. They worried that queues might linger for the next three days in the South-West.

According to the oil sector sources, hundreds of trucks loaded on Saturday were sent to Abuja based on the NNPC Ltd directive.

The officials, who spoke on condition of anonymity because they were not authorised to speak to the press on the matter, also disclosed that the product was being rationed by the NNPC Ltd, which now allocates 5,000 metric tonnes of fuel instead of 10,000MT to depots.

“Because of the scarcity, there are directives that the product should be rationed. Depots now get about 220 trucks, which is half what they usually get. This is happening because of the erratic supply. If the NNPC Ltd had enough supply, it would give everybody what they needed, and there would be no queues,” one of the officials told Punch newspaper.

According to an operator, the erratic supply has been caused by the national energy company’s inability to import enough at the moment.

“The cause of the erratic supply is because the NNPC Ltd does not have enough fuel imported. Regardless of the money or anything, the NNPC Ltd sometimes experiences glitches in its supply. For example, at the NNPC Ltd Jetty in Apapa, as of Saturday, there was only one tanker at ASPM which can take about 40,000 metric tonnes; the three other reception points had no PMS vessel.

“Whenever the NNPC Ltd has disruptions in importation, we start having these issues. They will try hard to manage it, but it will later blow open. Last week, they said it was a result of logistics, but this is not about logistics; it’s about glitches in importation.

“All our trucks now are heading to Abuja. There was a directive to all dealers and marketers that they should serve Abuja first. All regulatory agencies know that products will go to Abuja until normalcy is restored. You can have your truck in the depot now for three to four days; they will just be telling you to hold on. You will not know what is happening. You will see other trucks going, not knowing their location determines their loading ahead of you,” the operator noted.

He added, “The South West will likely experience more queues in the next two to three days because the Abuja loading will continue until Monday. The government is prioritising Abuja;  they want the seat of power to have enough fuel supply.”

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