Sultan Rabiu
The Major Energy Marketers Association of Nigeria (MEMAN) has reassured the public that there will be no disruptions to the supply of petroleum products.
In a statement issued on Thursday, the chief executive officer of the MEMA, Clement Isong stated, “In light of several inquiries from the press regarding a perceived tightening in the petroleum supply market, the Major Energy Marketers Association of Nigeria wishes to assure the general public and all stakeholders that we have substantial stocks of products in our tanks and/or access to considerable stocks in the tanks of our suppliers (including Dangote Refinery and NNPC Trading Limited), along with a reliable forecast of future supplies for all petroleum products.”
Isong said that sufficient petroleum products are readily available at the Dangote Refinery and the Nigeria National Petroleum Company Limited (NNPCL).
He added, “We have access to considerable stocks in the tanks of our suppliers, along with a reliable forecast of future supplies.”
MEMAN urged citizens to avoid panic buying. “We encourage the public not to engage in panic-buying,” Isong said, noting that supply efficiency is improving and logistics optimisation is underway.