Nigeria : NNPC says low load-outs at depots responsible for sudden fuel queue
- 10 May 2022 / News / 241 / Fares RAHAHLIA
The Nigerian National Petroleum Company Limited (NNPC Ltd.) says the sudden appearance of fuel queues in parts of Abuja is due to low load-outs at depots.
A statement by Garba Muhammad, Group General Manager, Group Public Affairs Department, NNPC on Monday, said this usually happened during long public holidays, hence the Sallah celebrations.
Muhammad said another contributing factor to the sudden appearance of queues was the increased fuel purchases which was also common with returning residents of the FCT from the public holidays.
“The NNPC and the Nigerian Midstream and Downstream Petroleum Regulatory Authority in conjunction with their marketing partners have taken necessary measures to ramp up load-outs from all depots.
“We assure all residents of the FCT, and indeed all Nigerians, that we have ample local supplies and national stock in excess of 2.5 billion litres, with the sufficiency of more than 43 days.
The NNPC Ltd. hereby advised motorists not to engage in panic buying as supplies were adequate and would become increasingly evident in the coming days.
Algeria-Nigeria Trans-Saharan Gas Pipeline To Be Operational At the End of 2023
- 05 May 2023
The Trans-Saharan gas pipeline project with Algeria will enter into service before the end of 2023 in its part located in Nigeria after it witnessed a delay in completion during the past years, the CE...
Morocco: Octopus Energy, TAQA Invest £30 million in Morocco-UK Xlinks Power Project
- 27 April 2023
Rabat - British renewable energy group Octopus Energy and Abu Dhabi National Energy Company TAQA have invested £30 million (MAD 379 million) in the Moroccan-British power project, which would de...
Algeria: Call for tenders for the production of 2000 MW of solar electricity: relief for local operators (Mr. Boukhalfa Yaïci)
- 24 April 2023
A second call for tenders for the production of 2000 MW of solar electricity will be launched in Algeria in November 2023. It will follow the one launched last February, also relating to the installat...
Nigeria, Renewable Energy: 5m Rural Nigerians Impacted With New Connections In 3 Years
- 12 April 2023
Nigeria continues to suffer from chronic shortage of electric power. The country has an installed electricity generation capacity of around 13,700 megawatts (MW) but with just an average of 4,500MW av...