The Nigerian National Petroleum Corporation, NNPC, yesterday blamed the persistent fuel crisis on the continuous vandalisation of the System 2B pipeline at Arepo, sharp practices by oil marketers and the delay in the payment of outstanding subsidy claims to the marketers.

The NNPC in a statement in Abuja, after honouring the invitation of the Senate Committee on Petroleum Downstream, also stated that the Senate had given it a two-week ultimatum to end the fuel scarcity.

In a presentation to the Senate Committee, Managing Director of the Pipelines and Product Marketing Company, PPMC, a subsidiary of the NNPC, Mrs. Esther Nnamdi-Ogbue, stated that  Nigeria has lost a total of 531 million litres of petrol valued at over N50 billion to pipeline vandals between January and September, 2015, at the problematic System 2B Pipeline network which stretches from the Atlas Cove in Lagos to Ilorin.

Nnamdi-Ogbue explained that the losses, which chiefly accrued from the incessant hacking of the pipeline at the notorious Arepo to Mosimi axis of the pipeline artery, have made the task of providing seamless flow of petroleum products to retail outlets more burdensome.

Credit: Vanguard