Fuel Scarcity: MEMAN Supplies Market With 300 Million Litres Of Petrol

The Major Energies Marketers Association of Nigeria (MEMAN) has started the supply of 300 million litres of premium motor spirit, also known as petrol, to its members to cushion the effect of fuel scarcity, leading to queues at various fuel stations across the country.

According to the Association, its members in Apapa and other locations in Lagos are taking the product from 8 vessels this week, which is well above the Association’s normal levels. 

MEMAN made this known in a statement signed by Huub Stokman, chairman of the Association, and obtained by EnergyPlanets on Tuesday, April 30.

The statement read: “We are actively coordinating with our member companies through swaps and other supply arrangements to ensure member stations remain stocked. Our depots will extend their loading times to ensure we load out as much as we can including tomorrow the 1st of May 2024.

“MEMAN deeply empathises with Nigerians facing the challenges occasioned by the current availability of PMS and the resulting queues at many retail outlets. We can see the frustration and difficulties this situation is creating.

“The Downstream Regulator, NMDPRA and other key stakeholders across the supply chain are fully engaged and supportive to eliminate the queues as swiftly as possible.”

MEMAN said its partners in NARTO & PTD have given their assurance to support the Association in ensuring the product gets to the retail outlets safely and quickly. 

“We also will extend the opening times of selected retail outlets to ensure we can service our customers as long and as safely as possible. Independent marketers (depots & stations) are being allocated additional PMS to alleviate the situation.

“We expect the situation to improve in the coming days as supply chains adjust and stabilise. MEMAN remains committed to keeping you informed and providing timely updates,” the Association said.