Oil

MEMAN Confirms Availability of 300 Million Liters of Petrol in Lagos

…Chairman says Stakeholders working to restore Fuel Supply

…Apologises to Nigerians over scarcity

The Major Energy Marketers Association of Nigeria, MEMAN, has confirmed availability of Premium Motor Spirit, (PMS) commonly called petrol.

The Association also said it is working with relevant stakeholders to end the present product delivery glitch.

In a statement in Lagos, MEMAN, said, “Our members in Apapa and other locations in Lagos are taking product from 8 vessels this week with over 300 million litres of PMS, well above our normal levels.”

Chairman of MEMAN, Mr. Huub Stokman who also doubles as the Managing Director and CEO of NNPC Retail Service, expressed deep empathy with Nigerians over the current scarcity of PMS which has resulted in long queues at filling stations across Nigeria.

“We are actively coordinating with our member companies through swaps and other supply arrangements to ensure member stations remain stocked.

“Our depots will extend their loading times to ensure we load out as much as we can including tomorrow the 1st of May 2024.

“Our partners in NARTO & PTD have assured us of their support in ensuring the product gets to the retail outlets safely and quickly. We also will extend the opening times of selected retail outlets to ensure we can service our customers as long and as safely possible.

” Independent marketers (depots & stations) are being allocated additional PMS to alleviate the situation.

“We expect the situation to improve in the coming days as supply chains adjust and stabilize.” the statement said.

While empathizing with Nigerians over the return of queues across the country, MEMAN said it remains committed to keeping the public  informed and providing timely updates.

“MEMAN deeply empathizes with Nigerians facing the challenges occasioned by the current availability of Premium Motor Spirit (PMS) and the resulting queues at many retail outlets. “We can see the frustration and difficulties this situation is creating.

The Downstream Regulator, NMDPRA and other key stakeholders across the supply chain are fully engaged and supportive to eliminate the queues as swiftly as possible.

“Our top priority is to restore stability and ensure that fuel supplies reach all depots and retail outlets across Nigeria promptly. While the current situation has been challenging, we want to reassure the public that there is an adequate supply of PMS available.” the Association confirmed.

Answering several questions from journalists, Stokman said there is no price increase and pledged to deal with erring members who might be using opportunity of the current situation to hike pump price.

 

 

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