The Nigerian National Petroleum Company Limited (NNPCL) has confirmed fuel supply and distribution challenges in some parts of Lagos and the Federal Capital Territory (FCT) but promised to work on restoring normalcy.
“The NNPC Ltd. wishes to state that the tightness in fuel supply and distribution witnessed in some parts of Lagos and the FCT is as a result of a hitch in the discharge operations of a couple of vessels,” the Chief Corporate Communications Officer of the NNPCL Olufemi Soneye said in a Saturday statement.
“The Company further states that it is working round the clock with all stakeholders to resolve the situation and restore normalcy in the operations.”
NNPCL’s comment came amid long queues in some parts of the country with the commodity’s price. Prices of the product have reached close to N1,000 per litre in some parts of Lagos and Abuja.
President Bola Tinubu had last year announced the stoppage of subsidy on the product, pushing the price of the commodity more than thrice higher.
The move was part of the Federal Government’s plan to save scarce foreign reserves and funneling them into infrastructure and other projects.
