The House of representatives has implored the Nigerian National Petroleum Corporation (NNPC) to establish and equip more depots across the country and strictly regulate the operations of private depot owners.
The call followed the adoption of a motion on the ‘Need to Establish More Petrol Depots in Nigeria moved by Hon. Uju Kingsley yesterday at the plenary session.
He noted that there are insufficient depots to store petroleum products in Nigeria and that an estimated 100 million litres of bad petrol imported in Nigeria have caused fuel scarcity in Nigeria with the consequent effect of adulteration of the product by roadside black market vendors.
He expressed concern that the proliferation of adulterated petrol has caused severe damage to vehicle engines and inflicted more pains on the people and despite seeming efforts to address the fuel scarcity, long queues and shortage of the product still persist at fueling stations across the country.
He added that the Nigerian National Petroleum Corporation (NNPC) accepted that there had been a lapse in its supply chain.
He said:”According to information available on the official website of the NNPC, Nigeria has 5,000 kilometres of pipeline network, twenty-one (21) storage depots and nine (9) LPG depots which are grossly inadequate to effectively serve the 36 States of the country as well as the Federal Capital Territory, hence the recurrent fuel scarcity.
“Many other depots are owned by private individuals who receive fuel from the NNPC and then sell at exorbitant prices, causing unnecessary irregularities in the price of the product across the country”
“If more fuel depots are established, fuel scarcity will be curbed while more employment opportunities will be created as a result, thus improving the country’s economy”