NNPC Commences 24hr PMS Supply

NNPC will commence a twenty-four hour supply of Premium Motor Spirit, PMS across various parts of the country, as it claimed to have over 1 billion litres of the commodity.

The Nigeria National Petroleum Corporation also hinted that it possesses no fewer than 2.3 billion litres of the product, which would hopefully be brought in to the country before the end of the month or as soon as possible, so as to get rid of the scarcity.

However, the corporation that stands as the regulator and sole importer of petrol products in Nigeria accused four marketers, including its own Duke Oil, as the importers of the adulterated petrol.

Also, it noted that the quarantine was a necessary step to safeguard its customers from the potential impact of this PMS grade on vehicles and machinery.

According to petroleum corporation, importers of the bad fuel includes MRS which made the importation through a vessel named MT Bow Pioneer; Emadeb/Hyde/AY Maikifi/Brittania-U Consortium through a vessel identified as MT Tom Hilde; Oando through a vessel named MT Elka Apollon; and Duke Oil through MT Nord Gainer vessel.

NNPC Blamed for Failing to Regulate

On their part, Emadeb-led Consortium, MRS and Oando denied the allegation and said the corporation was the regulator of the market.

It was gathered that the agency threatened sanctions on the culprits but is yet to speak on the measures. But the firms have refuted the claims made by the corporation.

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