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Scarcity: NIPCO loads 49 million litres of fuel

By Sulaimon Salau
02 June 2015   |   11:13 pm
DETERMINED to cushion the effect of fuel shortages in the country, the Nigerian Independent Petroleum Company (NIPCO Plc) has loaded about 49 million litres of Premium Motor Spirit (PMS), even as it berth a fresh cargo of about 37 million litres in Lagos. The cargo according to import manifest from Apapa ports, which contained the…

NIPCODETERMINED to cushion the effect of fuel shortages in the country, the Nigerian Independent Petroleum Company (NIPCO Plc) has loaded about 49 million litres of Premium Motor Spirit (PMS), even as it berth a fresh cargo of about 37 million litres in Lagos.

The cargo according to import manifest from Apapa ports, which contained the consignment (fuel) arrived the country via MT Admiral L at Apapa jetty last week.

The Manager Corporate Affairs of Nipco, Lawal Taofeek, who confirmed the importation to The Guardian in a telephone chat yesterday, said the company just received a 28 million metric tons fuel cargo and has started to discharge since Friday to augment supply by the Nigerian National Petroleum Corporation (NNPC).

NIPCO, according to Lawal, took this bold step of importing at this period in the nation’s history based on its avowed belief in the resilience of the economy “and we will remain an ally in ensuring availability of fuel across the nation.”

Adding that over 1, 500 trucks have already lifted product from the depot since last Monday, Lawal said: “This is because this depot like a few others has been working round the clock to dispense product to marketers after they must have concluded clearances from all the relevant government agencies,”

He however noted that the new “consignment will definitely aid the flow of products to marketer’s outlets across the nooks and crannies of the country.”

“The cargo is one of the consignment the company ordered for as part of its role in ensuring continuous availability of petrol not only in its hundreds of branded outlets in Nigeria but also in other marketing outlets taking products from the depot,” he said.

According to him, truck out of products have continued ceaselessly in a bid to ease the tension in consumers, stressing that the company would not relent in its onerous responsibility to meet the needs of all stakeholders.”

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