Oil marketers have stated that the persistent logistical issues is behind the current shortage of Premium Motor Spirit (PMS), or gasoline.... CLICK TO READ THE FULL NEWS HERE▶▶
President of the Petroleum Products Retail Outlets Owners Association (PETROAN), Billy Gillis-Harry said this during his Monday appearance on Channels Television’s Morning Brief.
According to him, oil marketers may distribute only what they have because supply is currently limited.
He said: “I think until we get our supply challenges sorted out efficiently and abundantly, we will not be able to get out of this circle. I believe you must have heard the NNPC’s communications director who explained that the issues at stake are still logistics-related.
“So until they get that resolved, we may just be managing the little they bring, and give to us to distribute among our members. NNPCL is doing its best to bring in products bit by bit, and we can only supply what we have.”
When asked to shine more light on what the logistics challenges were all about, he said, “The logistics issue is about ship-to-ship transfer. Until the ship gets products, it cannot deliver to any of the depots. And until depots have products, we the retailers cannot also have access to products.
“We have been speaking with NNPCL. We encourage them to do more, and I can assure you that they are trying their best.”
There are currently PMS shortages in Lagos, the country’s north, and other areas.
Reports say that some filling stations have started selling a litre of the product for between ₦800 and ₦1,000, which has increased the cost of transportation.
