In a move to end the lingering fuel scarcity experienced in the country, the Federal Government has declared a nationwide state of emergency on the product.
Confirming the development, the commercial Director of the PPMC, Justin Ezeala, said that the move will mean that private operators will now be responsible for bringing in 60% of the commodity in second quarter import allocations.
Ezeala, who stated that the directive came from the Petroleum Resources Minister Emmanuel Ibe Kachikwu, added that the drop in the new import allocation was meant to free the Nigerian National Petroleum Corporation (NNPC) to import only for itself
Ezeala quoted the minister as saying that from today, Friday, the product should be treated as essential commodity in order to end the fuel crisis.
He said, “From tomorrow (today), we have confirmations for cargoes lined up to be received in-country. Petroleum cargoes are to be treated as essential commodities, with all the regulatory agencies – DPR, PPRA, put on the alert.
“We have put in place a process to receive them in terms of logistics and cut short on all the bureaucracies, as everything will be treated with emergency in order to end the fuel crisis.
“To this end, we have also kept trans-shipment vessels in Warri, Calabar depots for easy reach to the northern and southern parts of the country,” he stated.