Economy
FG withdraws contaminated petrol from circulation
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), aka The Authority, has announced the withdrawal of contaminated limited quantity of Premium Motor Spirit (PMS), commonly known as Petrol, from circulation.
NMDPRA made the disclosure in a statement obtained by News Band on Tuesday.
The Authority informed the general public that the limited quantity of Premium Motor Spirit with methanol quantities above Nigeria’s specification was discovered in the supply chain.
“Methanol is a regular additive in Petrol and usually blended in an acceptable quantity,” it clarified.
However, to ensure vehicular and equipment safety, the limited quantity of the impacted product has been isolated and withdrawn from the market, including the loaded trucks in transit
It assured petrol users that its technical team, in conjunction with the Nigerian National Petroleum Corporation (NNPC) Ltd. and other industry stakeholders, will continue to monitor and ensure that quality petroleum products are adequately supplied and distributed nationwide.
The statement noted: “The source supplier has been identified and further commercial and appropriate actions shall be taken by the Authority and NNPC Ltd.
“NNPC Ltd and all Oil Marketing Companies have been directed to sustain sufficient distribution of Petrol in all retail outlets nationwide.”
Meanwhile, NNPC said that it has intensified efforts at increasing the supply of Petrol into the market in order to bridge any unforeseen supply gap.
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