Oil marketers insisted on Sunday that the supply of Premium Motor Spirit, popularly called petrol, was still very low despite claims by the Federal Government that it had over one billion litres of PMS, enough to keep the country wet.

Dealers faulted the claim of the Nigerian Midstream and Downstream Petroleum Regulatory Authority and the Nigerian National Petroleum Company Limited on the availability of surplus PMS in-country. The NMDPRA recently stated that the NNPC had “PMS sufficiency of over 1.6 billion litres as of January 26, 2023 both on land and marine,” as this was re-echoed last week by the national oil company.

But the National President, Independent Petroleum Marketers Association of Nigeria, Debo Ahmed, told the correspondent that the scarcity had failed to abate in many parts of Nigeria because of the very low supply of petrol by NNPC.

“The government, through its NNPC, should make sure that petroleum products are available. I would not tell you a lie, the products are not available. It is not enough. I got a phone call from Calabar depot, where trucks are parked and they said there is no product. They initially said there was product, but it has finished. Go to Pinnacle in Lagos you will see a lot of trucks, all of them waiting. The product is not there,” he stated.

Read more at: https://punchng.com/fuel-supply-still-very-low-despite-fg-claims-marketers/


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