FUEL: Egbogah Lauds NNPC on disappearance of Queues - Solicits Collaboration from Stakeholders on Deregulation.

The Federal Government has commended the efforts of the Nigerian National Petroleum Corporation, NNPC, on its move to restore normalcy of fuel supply to filling stations across the nation since the inauguration of the War Room to reduce the hardship being experienced by Nigerians.

Addressing members of the War Room at the NNPC Towers Abuja, the Special Adviser to the President on Petroleum Matters, Dr. Emmanuel Egbogah noted with delight that the sudden disappearance of queues from filling stations indicated the readiness of the Corporation to transform in to a commercial Company that could compete with other operators in the downstream sector.

Dr. Egbogah congratulated the NNPC War Room for the success they have recorded so far in eliminating fuel queues from filling stations since it was inaugurated adding that For the common man on the street, the only way the Corporation is assessed is when there is fuel in filling stations. He urged the NNPC War room to sustain their laudable efforts.

“Iam very impressed with the NNPC War Room  even though other people would not understand what you are talking about when you talk about War Room but they have explained to me their modus oparandi and they also told me that they have acquired tracking software to monitor the movement of vessels,” Dr. Egbogah averred.

 He said with the acquisition of the Tracking information software, the incidences of bunkering and sharp practices would be minimized saying that the Federal Government would now take a bold step to implement the deregulation policy to put an end to the sufferings being experienced by people.

Dr.Egbogah reiterated that the sure way out of the present logjam in the downstream sector of the petroleum industry was for the sector to be deregulated in order to guarantee a level playing field for all players in the industry.

“The FG would work very hard to ensure that some of the external factors affecting the operations of the NNPC would be addressed and this can be achieved when the deregulation policy of the downstream sector becomes  fully operational”.

The Presidential adviser sued for collaboration from other stakeholders in the downstream sector saying for the present steady fuel supply to fillings stations to be sustained there was every need for all hands to be on deck to sustain stability in the sector.

Earlier, the Group Managing Director of the NNPC, Dr. Mohammed Sanusi Barkindo reassured on the Corporation’s commitment to  providing petroleum products for all Nigerians noting that measures have been put in place to overcome the immediate challenge of fuel supply.

 
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