The Major Energies Marketers Association of Nigeria has assured the public of sufficient petroleum products.
Clement Isong, chief executive officer , in a statement on Thursday in Lagos, urged Nigerians against panic buying due to perceived shortages in the petroleum supply market. “MEMAN assures the public and all stakeholders that we have significant stocks of products in our tanks and access to supplies from our partners, including Dangote Refinery and NNPC Trading Limited,” Isong said.He also said the diversification of supply and market deregulation enabled diligent marketers to plan and secure their supply needs in advance, minimising the risk of outages.
According to Isong, MEMAN does not foresee any disruptions in the availability of petroleum products either in the immediate future or near term. Isong reiterated the importance of avoiding panic buying, adding that supply efficiency was improving, and logistics operations were being optimised.He also assured that members of the association are committed to optimising their supply chains to ensure the highest levels of availability, accessibility, and affordability for consumers in an increasingly competitive environment.