Home Business Recent Fuel Supply Shortage Due to Logistics Challenge by Flooding – FG

Recent Fuel Supply Shortage Due to Logistics Challenge by Flooding – FG

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Farouk Ahmed, the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has affirmed that the recent fuel supply shortages in the nation were a result of logistical challenges activated by severe flooding in Lagos other regions across the country.

Ahmed who relayed this information to State House Correspondents in Abuja on Tuesday, explained that the flooding in Lagos State hindered the loading and transportation of trucks, consequently exacerbating the situation.

This the Authority’s boss noted worsened the problem of not having enough PMS (Premium Motor Spirit), but assured that the challenges were being tackled through collaborative efforts between the Nigerian National Petroleum Company Limited (NNPCL) and marketing companies.

While emphasizing government’s efforts to strengthening local industries and maintaining the quality of petroleum products, he stated that there is currently a 20-day supply of petroleum products, with 12 days coming from offshore sources and 8 days from onshore sources.

He said further that floods in certain areas of Niger and Edo states were causing road blockages and making it difficult to transport petroleum products across

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