Oil & Gas

NNPC Strives for Greater Efficiency in Operations of Retail Outlets

258

The Nigerian National Petroleum Corporation (NNPC) said its downstream retail subsidiary, NNPC Retail Limited, was activating fresh measures to optimize operational efficiency in the delivery of petroleum and allied products to customers across the country.

‘’The target is to ensure that lessons garnered from the recent fuel availability challenge are imputed into the fuel supply and distribution matrix for greater efficiency and closer scrutiny of the operations of all our retail outlets to enforce stricter compliance with the rules of engagement for the good of consumers,’’ the corporation said in a statement.

 The corporation stated that the measures would entail closer scrutiny and supervision of the operations of NNPC mega and affiliate retail outlets strategically clustered in major cities and towns throughout the country.

The NNPC also disclosed that it had amicably ended its lease agreement with the owners of the Super Mega Petrol station along the Abuja Airport Road.

NNPC said with the cessation of the agreement which took effect from Sunday 15th April, 2018, NNPC Retail and the owners of the station are concluding the hand over process in line with the terms of the amicable pact.

While acknowledging the contribution of the station in providing products to teeming customers along the Airport Road during the trying period, the corporation assured motorists along the axis that seven other affiliate stations had been sufficiently mobilized to provide for their products consumption needs.

The Corporation also added that its retail subsidiary is working assiduously to expand its footprints in Abuja and adjoining towns as recently directed by the Group Managing Director, Dr. Maikanti Baru.

 

Leave a comment

Related Articles

Just in: Again, Dangote further crashes diesel, aviation fuel to N940, N980

Dangote Petroleum Refinery has announced another reduction in diesel and aviation fuel...

NNPC Ltd., joint venture partner, unlock 12,000bpd production from Awoba Unit Field

The Nigerian National Petroleum Company Limited (NNPC Ltd) and its joint venture...

Oil prices jump on escalating crises in Middle East

Oil prices jumped on Friday while Asian markets tumbled, with global investors...

MAN, marketers, other stakeholders laud Dangote’s slashing of diesel price to N1,000/litre

The decision by Dangote Petroleum Refinery to reduce the price of diesel...

Gas critical to driving economic growth, industrial development — NNPCL GCEO, Kyari

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited...

War against oil theft: Tug boat conveying illegal diesel arrested, 115 oil thefts in one week – NNPCL

The Nigerian National Petroleum Company Limited (NNPCL) says a tugboat conveying suspected...

Reduction of petrol pump price: It’s bush telegraph, says NNPCL’s spokesman, Soneye

The Nigerian National Petroleum Company Limited (NNPCL) has denied reports making the...

Transparency, Research, Innovation Driving NNPC Ltd.’s Transformation – EVP Gas, Power, & New Energy

The Executive Vice President, Gas, Power, and New Energy of the Nigerian...

NNPC Ltd. will use gas to trigger Nigeria’s industrialization, economic development – EVP Upstream, Eyesan

The Nigerian National Petroleum Company (NNPC) Ltd. has reiterated its commitment to...

Kyari calls for differentiated energy transition for Africa

As global calls for transition to cleaner energy fuels continue to grow,...

Tinubu signs three executive orders to incentivize nation’s oil and gas projects

President Bola Tinubu has signed three new executive orders in the oil...

Tantita, NSCDC, destroy illegal large oil store in riverine area of Ondo State

The Nigerian Security and Civil Defence Corps (NSCDC) and Tantita Security Services...

NNPC Ltd, OPEC pledge collaboration to attract investments, grow production

The Nigerian National Petroleum Company Limited (NNPCL) and the Organization of the...

Port Harcourt refinery to start producing 2.2m litres of diesel, petrol daily soon – FG

The Federal Government has announced that the Port-Harcourt Refinery is gearing up...

NNPCL GCEO Kyari Hinges Wealth Creation on Energy Security

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited...

Nigeria’s oil exports rose by 60.8% in Q3 of 2023 – OPEC

The Organisation of Petroleum Exporting Countries (OPEC) has disclosed that oil exports...

NNPCL, CBN partner for seamless banking operations

In their bid to foster transparency and seamless commercial operations, the Nigerian...

NNPCL hits another milestone with 14,000 bpd production from Akpo West Field

The Nigerian National Petroleum Company Limited (NNPCL) has commenced oil production from...