The Managing Director of PPMC, Prince Haruna Momoh, who spoke in Abuja, said further that 21 additional vessels laden with petroleum products are offshore Lagos waiting to berth.
According to him, the corporation has made made adequate arrangements to ensure energy sufficiency in the country.
Reassuring motorists that the noticeable queues at the filling stations would thin out in few days, Momoh noted that the NNPC has 21 days sufficiency of Automative Gas Oil (AGO) otherwise known as diesel and 18 days sufficiency of Dual Purpose Kerosene (DPK) otherwise known as kerosene.
He said that as part of efforts to ensure petroleum products sufficiency and distribution, the NNPC embarked on aggressive Reception Depots rehabilitation in 2011.
“As at today, 18 depots out of the 23 depots have been fully recovered with the exception of Makurdi, Yola and Maiduguri due to the activities of pipeline vandals,” the PPMC boss said.
He disclosed that the NNPC suffered petroleum products losses worth N40.8bn through pipeline vandalism in 2014 stressing that no business could survive such a loss and still remain a going concern.
He further noted that there was a marginal increase in pipeline vandalism stressing that in 2013, the Corporation recorded 3517 vandalized points but in 2014 the figure increased to 3774.
He observed that as at today, 97 pipeline vandals are undergoing prosecution and regretted that since the cases started a few years ago none of the accused persons have been convicted for economic sabotage.
He called on Nigerians from all walks of life especially those living in communities where the pipelines run through, to protect the pipelines in the national interest.
