HomeBusinessPetrol scarcity: MEMAN to boost supply by 300m litres

Petrol scarcity: MEMAN to boost supply by 300m litres

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The Major Energies Marketers Association of Nigeria (MEMAN) says it expects over 300 million litres of Premium Motor Spirit (PMS) from eight vessels to ease fuel scarcity and queues in Lagos and other parts of the country this week.

MEMAN Chairman, Mr Huub Stokman, said this while addressing newsmen in Lagos on Tuesday.

Stokman said that the organisation was actively coordinating with its members in Apapa and other locations to ensure that fuel was loaded and distributed to retail outlets safely and quickly.

He said that this effort was aimed at addressing the current fuel shortage and the challenges faced by consumers.

Also read: Petrol to sell at N500/ltr as Portharcourt refinery set to release refined product

According to him, MEMAN is working closely with the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and other stakeholders to eliminate fuel queues and restore stability.

“Additional support is being provided by the Nigerian Association of Road Transport Owners (NARTO) and the Petroleum Tanker Drivers (PTD).

“MEMAN is extending depot loading time to ensure that loading goes unhindered including tomorrow the 1st of May 2024.

“Selected retail outlets will be open for longer hours to ensure we can service our customers as long and as safely as possible.

“Independent marketers (depots &stations) are being allocated additional fuel to alleviate the situation,” he said.

Stokman said that the association remained committed to supporting the Federal Government’s distribution efforts and ensuring the availability of petroleum products nationwide.

NAN

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