ADVERTISEMENT
The Moment Nigeria
  • Home
  • News
  • Business
  • Entertainment
  • Interviews
  • Life and Styles
  • Sport
No Result
View All Result
  • Home
  • News
  • Business
  • Entertainment
  • Interviews
  • Life and Styles
  • Sport
No Result
View All Result
The Moment Nigeria
No Result
View All Result
  • Home
  • News
  • Business
  • Entertainment
  • Interviews
  • Life and Styles
  • Sport

Fuel scarcity: NNPC CEO assures queues will vanish in few days

by Usman Kadri
February 16, 2022
Reading Time: 2 mins read
Reps panel summons Mele Kyari, Agip over ‘diversion’ of oil firm’s $72m

Mele Kyari, GMD, NNPC

Share on FacebookShare on TwitterShare on WhatsappShare on LinkedIn

We’ll handle erring PMS suppliers, House C’ttee tells Nigerians

 

The Chairman, House of Representatives Committee on Petroleum (Downstream), Hon. Abdullahi Mahmud Gaya has assured Nigerians that his Committee will handle companies who imported methanol-blended Premium Motor Spirit (PMS) into the country.

RELATED STORIES

Lagos Socialite Fajembola sues Police over harassment claims, demands N50m damages

Lagos Socialite Fajembola sues Police over harassment claims, demands N50m damages

June 30, 2025
My company paid N450bn in taxes in 2024 – Dangote tells Pres. Tinubu

Dangote’s investment of N720bn on CNG Trucks to save Nigerians N1.7trn

June 30, 2025

The Chairman was responding to a question from one of the Committee members in that regard.

Hon. Gaya spoke during an engagement with Management of the NNPC organised by the Committee on the current fuel situation in the country.

While briefing the Committee, the CEO/GMD, Mallam Mele Kyari explained that the situation came about as a result of the discovery of methanol in the PMS cargoes shipped to Nigeria under the subsisting commercial contract operated by NNPC and its partners.

According to the CEO, the reason why tests did not reveal methanol presence was because Nigeria’s specifications do not include methanol.

“We are a law-abiding company. There is no way we could have known about the methanol presence. The only way we could have known about it is if our suppliers, in good faith, made the disclosure to us. In this particular instance, the discovery was made by our inspection agents who noticed the emulsification at the filling stations and brought it to our attention. Subsequent investigation revealed that the four cargoes which are all from the same source also contained methanol-blended PMS,” the CEO added.

He said NNPC then moved swiftly to trace all the affected products and quarantine same.

While assuring the Committee and Nigerians that measures have been put in place to accelerate fuel supply and distribution in the country, the NNPC CEO said the company had placed significant orders of over 2.1billion liters of methanol-free PMS to ensure the queues vanish in few days.

He pledged that NNPC would co-operate with the Committee and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to get to the root of the matter.

The NNPC CEO also expressed deep empathy with Nigerians on the current situation and assured that adequate measures have been put in place to maintain supply sufficiency and prevent future occurrence.

Next Post
IMF: Dangote Refinery can accelerate Nigeria’s economic recovery process

IMF: Dangote Refinery can accelerate Nigeria’s economic recovery process

More Articles...

Court Orders Final Forfeit 20 'Stolen' Cars From Canada

Alleged $1 billion scam: Court refuses CBEX promoters bail requests from EFCC custody

June 30, 2025
Sanwo-Olu reacts to Lagos spending

LG Polls: Sanwo-Olu charges APC members to defeat opposition candidates

June 30, 2025
Lagos Socialite Fajembola sues Police over harassment claims, demands N50m damages

Lagos Socialite Fajembola sues Police over harassment claims, demands N50m damages

June 30, 2025
My company paid N450bn in taxes in 2024 – Dangote tells Pres. Tinubu

Dangote’s investment of N720bn on CNG Trucks to save Nigerians N1.7trn

June 30, 2025
Entries now open for the 11th edition of the Maltina Teacher of the Year Competition

Entries now open for the 11th edition of the Maltina Teacher of the Year Competition

June 28, 2025
Lagos FA set to honour Billy Thanni with Lifetime Achievement Award

Lagos FA set to honour Billy Thanni with Lifetime Achievement Award

June 28, 2025

STANBIC IBTC ADVERT

About Us

Themomentng.com is an online community of reporters and social advocates dedicated to bringing you features, news reports by Africans, but from a global perspective.

Contact Us

+447771081433
+2348051966180(WhatsApp/SMS Only)
Email: themomentng@gmail.com

Categories

  • Business
  • Education
  • Entertainment
  • Events
  • Featured
  • Food
  • Foreign
  • Health
  • Interviews
  • Life and Styles
  • Metro
  • Motoring
  • News
  • Opinion
  • Politics
  • Religion
  • Society
  • Sport
  • Technology
  • Top Story

Follow Us

Facebook Twitter Instagram

Copyright © Themomentng.com. All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Business
  • Entertainment
  • Interviews
  • Life and Styles
  • Sport