BY YEMIE ADEOYE
TO ease complaints on kerosene scarcity, the Nigerian National Petroleum Corporation, NNPC, through its subsidiary, the Pipelines and Products Marketing Company, PPMC, said it has pumped about 37 million litres of the product into the market. The national demand for kerosene is 10 million litres per day.
The Group General Manager, Group Public Affairs Division, NNPC, Dr Levi Ajuonuma, said in a statement that the market is now well supplied with kerosene and that there was no need for members of the public to resort to panic buying.
Meanwhile, consumers continue to buy kerosene at between N100 and N125/litre in most major petrol stations in Lagos and Abuja. Some of the retail outlet simply told our correspondent that they don’t have supply, even as some members of the public allege that marketers were hoarding the product.
Major oil marketers repeatedly insist that they are not getting supply from the NNPC, and as such, don’t have the product in stock, a development that has contributed to the scarcity and high cost of the product.
In a breakdown of the supply figures, Ajuonuma explained that the PPMC has stepped up kerosene supply to NNPC Retail to 12 million litres, while NIPCO gets 10 million litres and the Mosimi Depot has 15 million litres for pumping to Ibadan, Ilorin, Ore and all its environs.
He argued that with this level of supply, it was not possible to still have kerosene shortages in the country, adding that supply would improve when kerosene from the Warri and Kaduna refineries come on stream beginning from Monday.
“Last week, when we announced the re-streaming of the Warri Refinery, I mentioned that the Kaduna Refinery would soon commence production. I am happy to announce that both Port Harcourt and Kaduna refineries came on stream on Friday and Monday respectively. This development is bound to boost kerosene and diesel supply situation,” he declared.