Saturday, 15 December 2012

PPMC warns against panic-buying during yuletide

The Pipelines Products Marketing Company (PPMC) has advised Nigerians to desist from panic buying during the coming festive period.

Nasir Imodagbe, PPMC’s Manager, Public Affairs and External Relations, gave this advise in Lagos on Saturday saying the nation has enough petroleum product in stock to last for months.

``Nigerians should desist from panic-buying during the yuletide period. We have sufficient petroleum products in stock to take care of the nation’s demands.

``Government is working round the clock to ensure effective distribution of fuel during the Christmas and New Year period,’’ the PPMC spokesman said.

He said the NNPC through its subsidiary, the PPMC, had intensified efforts in ensuring that fuel was available in every part of the country.

``We have stepped up fuel supply and distribution across the country.

``This is to ensure that motorists can drive into any filling station and buy fuel without queuing up, especially during this period of the year that comes with a lot of holidays and festivities.

``We have also increased the number of allocations and truck loadings to all the geo-political zones of the country and we hope to sustain this from now through the Christmas and New Year,” Imodagbe said

The PPMC spokesperson also assured that the Federal government has promised to deploy massive securities personnel to all petroleum pipelines across the country to curb vandalism.

``In other to curb incessant pipeline vandalism and to improve on fuel supply across the country, the Inspector-General of Police and other security agencies have promised to beef up security on the NNPC/PPMC pipeline network,’’ he said.

The PPMC spokesman said the company had also commenced the pumping of products to Ejigbo and Mosimi through the System 2B pipeline, which was vandalised in August at Arepo, Ogun.

He however assured that effective pumping of products to the Ibadan, Ilorin and Ore depots would commence when the on-going test-run exercise was completed.

``This is to ensure that no part of the pipeline network is leaking,’’ Imodagbe said.

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