By kawaekwune Jeffrey
The Nigerian National Petroleum Company Limited (NNPCL) has acknowledged the fact that there are crises in fuel supply and distribution in certain areas of Lagos and the Federal Capital Territory (FCT). The NNPCL however assured the Nigerian public that efforts were underway to restore normal operations.
In a statement issued on Saturday by its Chief Corporate Communications Officer Olufemi Soneye, the organization explained that “ the tightness in fuel supply and distribution witnessed in some parts of Lagos and the FCT is a result of a hitch in the discharge operations of a couple of vessels.”
Soneye further emphasized that the company is working tirelessly with all relevant stakeholders to resolve the issue and ensure a return to normalcy.
This announcement follows reports of long queues and soaring prices, with fuel reaching nearly N1,000 per litre in parts of Lagos and Abuja, respectively.
The situation has been exacerbated by the Federal Government’s decision last year to end fuel subsidies, a measure aimed at conserving foreign reserves and redirecting funds towards infrastructure and other critical projects.
