Days of Fuel Scarcity are Over, NNPC Assures Nigerians

Maikanti Baru
Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru,

The Nigerian National Petroleum Corporation (NNPC) on Tuesday assured Nigerians that there would no longer be fuel scarcity which had caused unbearable queues for Nigerians.
The Group Managing Director of the corporation, Maikanti Baru, said this in Abuja at the 2018/2019 crude oil term contract bid opening.

According to him, the opening of bids is an indication of President Muhammadu Buhari’s drive for transparency and accountability in the conduct of government business.
He condemned the recent fuel shortage, which lasted a month, describing the corporation’s downstream counterparts as ‘unpatriotic’.

Although the fuel scarcity has ended in major Nigerian cities, filling stations in many towns outside Abuja now sell petrol at about N200 per litre against the N145 official price. The NNPC chief did not, however, speak on this.
“I am happy that this problem has been dealt with and the few pockets of non-compliance have been tackled.

“It was unfortunate that due to the behaviour of a few bad eggs, the Christmas was a pain. We hope you will never be part of this incident and we also hope this type of thing never happens in the future.

“NNPC is determined that this year there will be no fuel shortage. Definitely we have seen the last of it,’’  Baru said.
He warned those that would be selected after the bid against indulging in sharp practices.
He said NNPC’s focus was to enhance production volume, while ensuring that the “best value is realised through competitive marketing of our crude grades to international refineries and graders’’.

“In line with this aspiration, NNPC is collaborating with key stakeholders to improve the overall security of our production sites, crude export lines and other critical oil and gas infrastructure.’’

He urged the bidders not to patronise fraudsters who promise off takers selection assistance.
Speaking with journalists shortly after the bid ceremony,  Baru said the evaluation would take three to four weeks, adding that 16 per cent of the crude was going to North America.
Also speaking, Mele Kyari, the Group General Manager, Crude Oil Marketing Division said “there would be no lobbying in lifting programmes.’’ “It is fully automated. The customer knows where and when they get their lifting and this is unparalleled.’’

Kyari said part of the procedure was that the companies selected must have a net worth of about 250 million dollars, turnover of 500 million dollars, letter of credit and years of experience.
The News Agency of Nigeria (NAN) reported that 254 companies are bidding for the off take of Nigerian crude grades as against 224 in 2017.
This round is the third call for bids under the present administration.

  • Yaddah Amanda

    What do you make of a nation that has stupendous deposit of crude oil yet their citizenry suffers untold hardship to get the refined products. Its spleen venting when you hear the likes of Maikanti Baru (NNPC GMD) and the petroleum minister president Mohammed Buhari talks about the plight of the citizens with respect to the fuel scarcity and others as if they care. Where a nation of about 200milloin people allows incompetent, self gratifying and dimwits to take control of their social and political rights is but appalling. The superlative right and power granted to the citizen as enshrined in chapter 2 of the 1999 constitution as amended of which the government derives its legitimacy to govern should serve as a veritable tool for a change. Every well meaning Nigeria ought not to forget in a hurry the disarticulated economy which affects every fabrics of our nation existence by the bad leadership of APC under president Buhari. They themselves(APC) are the conduit pipes through which our monies and resources are siphoned to other countries leaving us more impoverished. Enough is enough! let us stand up and say no to imposters, political dimwits, chameleons and charlatans. Get your voters card ready for the onslaught on 2019 election and let us vote for our children’s’ future. Aluta continua!

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