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Reps resolve to carry out forensic investigation on fuel scarcity

Credible News by Credible News
July 9, 2024
in Development, Economy, Human Interest, News
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The House of Representatives has passed a resolution to carry out a forensic investigation into the resurgence of fuel queues in parts of the country.

The house is also to investigate the alleged indiscriminate issuance of licenses for the importation of Premium Motor Spirit, importation of substandard petroleum products, as well as the failure of regulators.

The house in passing the motion raised by honorable Billy Osawuru questions why the issue of fuel scarcity continues to resurface despite repeated assurances by the Nigerian National Petroleum Company Limited, NNPCL, and petroleum marketers.

The resolution comes following a resurgence of petrol scarcity in some states of the federation on Monday.

While reacting to reports, the NNPCL blamed the resurfacing of fuel queues on the disruption of ship-to-ship transfer of Premium Motor Spirit, also known as petrol, between Mother Vessels and Daughter Vessels resulting from recent thunderstorm.

A statement by the company’s Chief Corporate Communications Officer, Olufemi Soneye, on Monday noted that the adverse weather condition has also affected berthing at jetties, truck load-outs and transportation of products to filling stations, disrupting station supply logistics.

The clarification came following reports of long fuel queues in Lagos, Abuja and other parts of the country.

Reports indicated that the scarcity has pushed prices to as high as ₦900/litre, with private depot owners reported to have hiked the ex-depot price from ₦630 to ₦720 per litre.

READ ALSO: Fuel stations may operate longer hours to reduce fuel queue

However, while responding to the development, Soneye also said that due to flammability of petroleum products and in compliance with the Nigerian Meteorological Agency regulations, it was impossible to load petrol during rainstorms and lightning.

It said, “The NNPC Ltd wishes to state that the fuel queues seen in the FCT and some parts of the country, were as a result of disruption of ship-to-ship transfer of Premium Motor Spirit, also known as petrol, between Mother Vessels and Daughter Vessels resulting from a recent thunderstorm.

“The adverse weather condition has also affected berthing at jetties, truck load-outs and transportation of products to filling stations, causing a disruption in station supply logistics.

“The NNPC Ltd also states that due to flammability of petroleum products and in compliance with the Nigerian Meteorological Agency regulations, it was impossible to load petrol during rainstorms and lightning.

“Adherence to these regulations is mandatory as any deviation could pose severe danger to the trucks, filling stations and human lives.

“Similarly, the development was compounded by consequential flooding of truck routes which has constrained movement of PMS from the coastal corridors to the Federal Capital, Abuja.”

The NNPC Ltd said it is working with relevant stakeholders to resolve the logistics challenges and restore a seamless supply of petrol to affected areas.

Already, the company said loading has commenced in areas where these challenges have subsided, and it is hoping the situation will continue to improve in the coming days and full normalcy will restored.

The NNPC also called on motorists to avoid panic buying and hoarding petroleum products.

Credible News.ng

Tags: Fuel QueuesHouse of Reps
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