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NNPC distributes 387.5m litres of petrol to normalize supply chains
NNPC distributes 387.5m litres of petrol to normalize supply chains
Interestingly, the Nigerian National Petroleum Company Ltd (NNPC) has released details of how it distributed a total of 387.59 million litres of Premium Motor Spirit to Nigerians in its response to handling the supply gap caused by the importation of methanol-blended petrol into the country by four oil marketers.
The product was evacuated from the depot and distributed to Nigerians through retail filling stations within a one-week period covering February 14 to 20.
The release of the 387.59 million litres by the NNPC to Nigerians, represents an average daily distribution of 55.4 million litres.
The figures were released by the NNPC on Wednesday through its verified twitter account.
A breakdown of the NNPC weekly national evacuation report showed that 80 per cent of all the evacuation took place at the top 20 high loading depots.
It stated that the remaining 20 per cent of the evacuation took place at the other loading depots.
The top 20 high loading depot that were used to evacuate the PMS are Pinnacle-Lekki which evacuated the highest volume of 70.8 million litres, NIPCO (22.6 million litres), AITEO (22.3 million litres), Swift (16 million litres), 11 PLC (15.9 million litres), Bovas Bulk (15 million litres) and Frado (14.6 million litres).
There is also Keonamex which evacuated PMS of 13.7 million litres, MRS Ltd (11.9 million litres), Rainoil (11.6 million litres), AYM Shafa (11.2 million litres), TSL (11.2 million litres), Rainoil Lagos (11.2 million litres), and Matrix (10 million litres).
The rest are Conoil Lagos which distributed 9.7 million litres of petrol, AA Rano (8.8 million litres), Bluefin (8.4 million litres), HOGL (8.2 million litres) Ibafon Calabar (8 million litres) and Mainland (7.5 million litres).
The one-week period of February 14 to 20 this year was the most challenging time for motorists because of the supply gap that the country experienced as a result of the importation of the methanol-blended petrol into the country.
The supply of the 387.59 million litres by the NNPC to Nigerians was responsible for the disappearance of fuel queues last weekend in Lagos, Abuja and other states of the federation.
Filling stations that had been shut for over a week due to supply gap, eventually opened for operations last Sunday.
Retail outlets in the satellite towns of Abuja such as Bwari, Lugbe, Kubwa, Zuba, Kuje and others that had experienced product shortage were seen dispensing petrol to motorists last Sunday.
The methanol-blended product, according to the NNPC, was imported into the country by four oil marketers through four Premium Motor Spirit cargoes under the NNPC’s Direct Sales Direct Purchase arrangement.
The four companies that supplied the methanol blended petrol are MRS which made the importation through a vessel named MT Bow Pioneer, Emadeb/Hyde/AY Maikifi/Brittania-U Consortium through vessel identified as MT Tom Hilde, Oando through a vessel named MT Elka Apollon, and Duke Oil.
The product was purchased from International Trader, LITASCO and delivered through the LITASCO loading port terminal in Antwerp in Belgium.
This newspaper had reported that immediately the discovery was made, the NNPC quickly stopped oil marketers from distributing the petrol.
The NNPC intervened by ensuring that the methanol blended petrol did not get to the filling stations.
In achieving this, the NNPC made sure that all the cargoes that were suspected to have methanol were quickly quarantined.
Similarly, those cargoes that have been discharged were also quarantined, while all the trucks that have left the depots were tracked and intercepted.
The NNPC also restocked the depot with more cleaner fuels.
In addition, the NNPC also intensified efforts at increasing the supply of petrol into the market in order to bridge any unforeseen supply gap.
As part of its strategy to restock, the NNPC had stated that over 2.3 billion liters of PMS had been scheduled for delivery before the end of February 2022.
This, the NNPC stated, will restore sufficiency level above the national target of 30 days.
Eid Fitri: Ambassador Ajadi Calls for Peace, Unity, and Continued Acts of Kindness
By Ibrahim Kegbegbe
The Chairman and CEO of Bullion Records, Ambassador Olufemi Ajadi Oguntoyinbo, has extended warm congratulations to Muslims worldwide, particularly Nigerians, on the successful completion of the 1446 Ramadan fast and the celebration of Eid Fitri today, Sunday, March 30, 2025, which marks the first of Shawwal in the 1446 Muslim Calendar.
In a goodwill message sent to The Merit Newspaper and other media outlets, Ambassador Ajadi emphasized the significance of the holy month, urging Muslims to uphold the values of steadfastness, love, and unity that were observed during Ramadan. He encouraged them to extend these virtues beyond the fasting period to foster societal harmony.
“The spirit of Ramadan should not end with the sighting of the crescent moon. I urge all Nigerians to continue in the path of righteousness, avoid any ungodly activities they abandoned during the holy month, and embrace the virtues of kindness, generosity, and peace,” Ajadi stated.
Highlighting the essence of Eid Fitri as a time of joy and reflection, he called on Nigerians to celebrate in a manner that promotes peace and unity among all faiths. “Eid Fitri is a celebration of happiness, joy, and peace. It should remind us of the need to maintain the spirit of tolerance and togetherness,” he added.
In the spirit of the season, Ambassador Ajadi also announced that Bullion Records’ fast-rising artist, Abdul Rahman Yusuf, popularly known as Harcher, has released a new single, Peace, which aligns with the message of tranquility and unity. “This song resonates with the peaceful essence of Eid Fitri. It is available on all digital streaming platforms, and the video is being aired on local and cable TV stations, including YouTube,” he noted.
Furthermore, he revealed that Bullion Records is set to unveil two additional singles from Harcher—L.O.V.E and JO SI (Dance To It)—on April 1, 2025. “As we celebrate this joyous occasion, I encourage fans of good music to anticipate these upcoming hits that will add more rhythm to their celebrations,” Ajadi enthused.
He went on by wishing all Muslims and Nigerians a prosperous and peaceful Eid Fitri, reiterating his commitment to supporting positive initiatives that unite and inspire the people.
DR ADEGBOLA CALLS FOR UNITY AMONG NIGERIANS AS MUSLIM CELEBRATES EID -EL- FITR
In a heartfelt Sallah message to mark this year’s Eid-el-Fitr, Dr. Gbenga Adegbola has extended warm greetings to President Bola Ahmed Tinubu, All Progressives Congress (APC) National Chairman Dr. Abdullahi Umar Ganduje and the entire Muslim ummah, especially in Oyo, the pace-setter State.
Dr Adegbola, who recently transitioned into active politics by joining the APC, emphasized the critical need for unity and collective purpose among Nigerians to effectively address the myriad challenges facing the nation and Oyo State. His call for solidarity comes at a time when Oyo State is navigating complex socio-economic issues, and he believes that a united front is essential for its progress and repositioning as the pace-setter State.
In his message, Dr Adegbola expressed, “As we celebrate Eid-el-Fitr, let us remember the values of love, compassion, and unity that this holy occasion embodies. It is imperative that we come together, to support one another and foster a spirit of cooperation that will lead to a brighter future for our beloved Nigeria, and Oyo State in particular.”
He further urged the general public to rally around President Tinubu’s administration, expressing confidence in the leadership’s ability to steer the nation towards greatness. “I have unwavering faith that under President Tinubu’s watch, Nigeria will continue to rise and overcome its challenges,” he stated.
Dr Adegbola’s recent entry into the APC was marked by a warm reception from party stalwarts, including Dr. Ganduje and other key stakeholders. This transition signifies his commitment to serving the nation in a new capacity, leveraging his extensive experience in the military to contribute to the accelerated development of Oyo State.
As Muslims across the country gather to celebrate Eid-el-Fitr, Dr Adegbola’s message resonates with the essence of the festive period—encouraging love, unity, and support for one another in the quest for Oyo State to be prosperous.
In closing, he reiterated, “Let us embrace the spirit of Eid by fostering unity and love among ourselves, and building a stronger and more resilient Oyo State: TOGETHER, WE CAN”
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