……. Says NMDPRA are the custodian of the stock and not NNPC Ltd
The Integrity Youth Alliance has said that the imaginative ultimatum centered on calling for the sack of NNPC Limited GCEO, Mele Kyari is inconsequential considering all the efforts Mal. Kyari and his management team have put in place to end the fuel scarcity.
Reacting to a threat by the Coalition of Civil Society Groups Against Poverty in Africa (CoSGAPA) over petrol scarcity, the Board Chairman of Integrity Youth Alliance, Adewole Kehinde, said that if the group existed and not just an overnight “Coalition of Civil Society Groups Against Poverty in Africa,” then they would have rather commended the NNPC Limited management.
The statement said, “It is on record that the NNPC Limited has more than 3 billion litres of fuel in stock, sufficient to last for at least 60 days.
“We wish to remind the ignorance of the Coalition of Civil Society Groups Against Poverty in Africa that the Petroleum Industry Acts established the Nigerian Midstream and Downstream Petroleum Regulatory Authority in August 2021 whose duties include technical, operational, and commercial activities.
“The NNPC Limited has played its parts with the supply of 3 billion litres to last for 60 days and the Nigerian Midstream and Downstream Petroleum Regulatory Authority must ensure retail stations sell and at the right pricing. They are the custodian of the stock. They are the regulators, not NNPC Limited.
“The Major Oil Marketers Association of Nigeria, Depot Owners and Petroleum Products Marketers Association of Nigeria and the Independent Petroleum Marketers Association of Nigeria have also commenced 24-hour loading and dispensing activities in some of their designated outlets.
“Furthermore, the Coalition of Civil Society Groups Against Poverty in Africa should call on the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and other security agencies to ensure the smooth distribution of PMS nationwide.
The statement further said that it might take time before it can ease off in Abuja, considering the distance to Lagos and the bad roads, Lagos might be calm this new week.
“In conclusion, we wish to state categorically that the NNPC Limited is not out to sabotage the efforts of President Bola Ahmed Tinubu to reposition and restore Nigeria’s economy as said by the spokesperson of the Coalition of Civil Society Groups Against Poverty in Africa ignorantly.
