RIPPLES NIGERIA
The Nigerian National Petroleum Company (NNPC) Limited said on Tuesday the average petrol supply for the country currently stands at 63 million litres per day.
The company’s Group Chief Executive Officer, Mele Kyari, stated this when he featured on a Channels Television programme, Politics Today.
He added that the NNPC had distributed 450.92 million litres (64.02 million litres per day) across the country in the last week.
Kyari also apologized to Nigerians over the fuel scarcity, saying the situation was not peculiar to the country.
He promised a massive improvement in the distribution of petroleum products in the country in the next one week.
The NNPC chief revealed that the Federal Government pays N185 per litre as fuel subsidy.
Long queues in filling stations surfaced in Lagos, Abuja, Port Harcourt and other parts of the country in the latter part of last year with marketers selling the products at between N200 and N250 per litre to the surprise of Nigerians.
He said: “I apologize for the suffering but I can promise you that within one week there will be a massive improvement in the distribution of petroleum products and long queues will disappear.”
“Major reasons for the long queues have been logistics not availability…
