At least, for 32 days, Nigerians do not need to worry about fuel, as 1.9 billion litres of petrol is now in stock.
This was disclosed in Abuja, Wednesday, by the Minister of State for Petroleum Resources, Mr Timipre Sylva, while updating the Federal Executive Council in a session presided over by Vice President Yemi Osinbajo.
The Minister was accompanied to the FEC session by the Group Managing Director of the Nigerian National Petroleum Corporation, Mr Mele Kyari.
The Senior Special Assistant to the President, Office of the Vice President, Mr Laolu Akande, told newsmen at the end of the session that NNPC had embarked on 24-hour loading of petrol to ameliorate the long queues at fuel stations.
The minister informed the Council that there is enough stock – in reference to about 1.9 billion litres to last for 32 days.
“There’s a 24-hour loading that is going on at all depots working with the Directorate of State Service and the Independent Petroleum Marketers Association of Nigeria to ensure that the situation improves significantly,’’ he said.
Akande said. Some reports have it that fuel queues have reduced in Abuja, Kaduna and some other cities in the last 48 hours, linked to the fact that a good number of fuel stations have started operating 24-hour services.