Fuel Stations to Extend Operating Hours Amid Petrol Scarcity in Nigeria

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced plans for fuel stations to extend their operating hours in order to address the ongoing petrol scarcity in the country. Executive Vice President of Downstream, Dapo Segun, disclosed this during a joint inspection with officials from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) in Abuja.

Segun highlighted the challenges in the ship-to-shore discharge of Premium Motor Spirit (PMS), noting disruptions caused by thunderstorms affecting the movement of the volatile liquid. He emphasized the need for collaboration among marketers to share stocks and ensure continuous fuel supply despite weather-related setbacks and road conditions.

During the inspection, NNPC and NMDPRA officials, including Distribution Systems, Storage, and Retailing Infrastructure Executive Director Ogbugo Ukoha, identified inclement weather as a key factor contributing to the fuel tightness experienced in Abuja and parts of Lagos. Ukoha explained that offshore operations and truck routes were impacted by adverse weather conditions, leading to delays in fuel distribution.

Efforts are being made to curb hoarding and prevent the activities of black marketers through physical inspections at stations and depots. Ukoha reassured the public to purchase the required petrol without panic, despite the current supply challenges.

Recent reports attributed the petrol scarcity and price hikes in Abuja to disruptions in ship-to-ship transfers of PMS and flooded truck routes. NNPC Chief Corporate Communications Officer, Olufemi Soneye, highlighted these issues, emphasizing the impact on fuel movement from coastal areas to the capital, FCT.

The resurgence of fuel queues in the Federal Capital Territory has led to increased black market activities and inflated prices, with reports of petrol selling at exorbitant rates. This situation has not only affected commuting but has also caused financial strain on residents, prompting the need for intensified efforts to stabilize the fuel supply chain.