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BREAKING: Fuel Crisis: Oil
Marketers Reach Agreement With
Govt. On Resumption Of Fuel Supply
At the end of a meeting convened by the
Senate Committee on Petroleum (Upstream
and downstream) to resolve the crisis,
Chairman, Major Oil Marketers Association
of Nigeria (MOMAN), Obafemi Olawore, said
its members, consisting Oando, Conoil, Forte
Oil, MRS, Total and Mobil Oil agreed to
commence lifting and distribution of fuel
immediately from the stock supplied by the
Nigerian National Petroleum Corporation
(NNPC). Petroleum products marketers and the Federal Government
on Monday have set aside their face-off resolved with
government, resolving to immediately mobilise to ensure
restoration of normal supply of fuel throughout the country.
At the end of a meeting convened by the Senate Committee
on Petroleum (Upstream and downstream) to resolve the
crisis, Chairman, Major Oil Marketers Association of Nigeria
(MOMAN), Obafemi Olawore, said its members, consisting
Oando, Conoil, Forte Oil, MRS, Total and Mobil Oil agreed to
commence lifting and distribution of fuel immediately from
the stock supplied by the Nigerian National Petroleum
Corporation (NNPC).
Capital Oil and Gas Ltd had on Sunday commenced the
loading of 13 million litres of petrol from its depot in Apapa
for distribution to the various states to reduce the current
scarcity.
The Chairman of the company, Ifeayin Ubah, told journalists
in Lagos that more than 2,000 trucks would be loaded
before May 29 to boost the country’s economic activities.
He said the company’s facilities had the capacity to load 13
million litres of the product within the period.
“This comes to approximately 500 trucks of petroleum
products on daily basis. With this, it is our belief that once
again our citizens will begin to smile and return to normal
family and work life.
“We call on other petroleum marketers to follow suit and
save our nation from this impending economic and social
crisis,’’ he said.