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MEMAN Working with Key Stakeholders to Restore Fuel Supply Across Nigeria – Stockman

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By Ndubuisi Micheal Obineme

…says member companies currently taking delivery of over 300 million litres of Premium Motor Spirit (PMS). 

The Major Energies Marketers Association of Nigeria (MEMAN) has said it is working with key stakeholders to restore fuel supplies across Nigeria.

The Managing Director of the Nigerian National Petroleum Company Limited (NNPCl) Retail Services and the Chairman of the Association, Mr. Huub Stockman, who spoke to Energy Editors via Zoom, recently, said MEMAN deeply empathizes with Nigerians facing the challenges occasioned by the current availability of Premium Motor Spirit (PMS) and the resulting queues at many retail outlets.

“We can see the frustration and difficulties this situation is creating,” Stockman explained.

To solve this, Stockman revealed MEMAN is working closely with the Downstream Regulator, NMDPRA, and other key stakeholders across the supply chain, to eliminate the queues as swiftly as possible.

He stated, “Our top priority is to restore stability and ensure that fuel supplies reach all depots and retail outlets across Nigeria promptly. While the current situation has been challenging, we want to reassure the public that there is an adequate supply of PMS available.

“Our members in Apapa and other locations in Lagos are taking the product from eight vessels this week with over 300 million liters of PMS, well above our normal levels.

“We are actively coordinating with our member companies through swaps and other supply arrangements to ensure member stations remain stocked. Our depots will extend their loading times to ensure we load out as much as we can including tomorrow the 1st of May 2024.

“Our partners in NARTO & PTD have assured us of their support in ensuring the product gets to the retail outlets safely and quickly. We also will extend the opening times of selected retail outlets to ensure we can service our customers as long and as safely as possible. 

“Independent marketers (depots & stations) are being allocated additional PMS to alleviate the situation.

“We expect the situation to improve in the coming days as supply chains adjust and stabilize.”

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