Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, has stated that fuel queues being witnessed across the country would not exceed Saturday.
He made this known during an interview on Channels TV on Thursday.
“I don’t see it staying beyond another day or two, maximum. It can actually be on Saturday. We have supplies. The key problem with the PMS system is supply, but I have supplies.
“There are over 810 million litres of PMS in depots, tanks, and fuel stations across the country, so you don’t have the problem of transferring those from marine to land; you already have them on the ground,” he stated.
He also authenticated the PMS price sheet for multiple states that trended on the internet on Wednesday, claiming that it was from the NNPCL.
“You have seen a document in the space out there. Every company does this. It is a marketing document. It was not a price announcement document; every company keeps this record and adjusts it appropriately on the basis of changing conditions in the market.
“So what you saw was just an internal company document that found its way onto the internet. It is an NNPC document, but it was not intended to be an announcement, and it is not an announcement because it can change the next day,” Kyari stated.
