Wednesday, March 4, 2026
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Business

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ICT

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Capital Market

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Insurance

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AIICO 2026 Agency Retreat Honours Outstanding Sales Champions

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Sovereign Trust Insurance Spreads Love with Fire Safety Drive

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Business

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ICT

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Capital Market

NGX RegCo Issues Advisory on Recent Price Movements, Urges Informed Trading

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Transnational Corporation Plc, the Debt Management Office, CardinalStone, Chapel...

Insurance

SanlamAllianz Nigeria Pays over ₦77bn in 2025 Claims, Reinforces Financial Strength, Customer Trust

SanlamAllianz Nigeria, comprising SanlamAllianz Life Insurance and its subsidiary,...

AIICO 2026 Agency Retreat Honours Outstanding Sales Champions

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NNPC: Logistic Challenges, Flooding Cause of Fuel Queues, Vows to Restore Normalcy

The NNPC Limited wishes to state that the fuel queues seen in the FCT and some parts of the country, were as a result of disruption of ship-to-ship (STS) transfer of Premium Motor Spirit (PMS), also known as petrol, between Mother Vessels and Daughter Vessels resulting from recent thunderstorm.

The adverse weather condition has also affected berthing at jetties, truck load-outs and transportation of products to filling stations, causing a disruption in station supply logistics.

The NNPC also states that due to flammability of petroleum products and in compliance with the Nigerian Meteorological Agency (NIMET) regulations, it was impossible to load petrol during rainstorms and lightning.

Adherence to these regulations is mandatory as any deviation could pose severe danger to the trucks, filling stations and human lives.

Similarly, the development was compounded by consequential flooding of truck routes which has constrained movement of PMS from the coastal corridors to the Federal Capital, Abuja.

The NNPC Limited is working with relevant stakeholders to resolve the logistics challenges and restore seamless supply of petrol to affected areas.

Already, loading has commenced in areas where these challenges have subsided, and we are hoping the situation will continue to improve in the coming days and full normalcy would be restored.

The NNPC also calls on motorists to avoid panic buying and hoarding of petroleum products.

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