MEMAN Committs To Quick End Of Current PMS Supply Challenges

The Major Energies Marketers Association of Nigeria (MEMAN) deeply empathizes with
Nigerians facing the challenges occasioned by the current availability of Premium Motor
Spirit (PMS) and the resulting queues at many retail outlets. We can see the frustration
and difficulties this situation is creating.
The Downstream Regulator, NMDPRA and other key stakeholders across the supply
chain are fully engaged and supportive to eliminate the queues as swiftly as possible.
Our top priority is to restore stability and ensure that fuel supplies reach all depots and
retail outlets across Nigeria promptly. While the current situation has been challenging,
we want to reassure the public that there is an adequate supply of PMS available. Our
members in Apapa and other locations in Lagos are taking product from 8 vessels this
week with over 300 million litres of PMS, well above our normal levels. We are actively
coordinating with our member companies through swaps and other supply arrangements
to ensure member stations remain stocked. Our depots will extend their loading times to
ensure we load out as much as we can including tomorrow the 1st of May 2024.
Our partners in NARTO & PTD have assured us of their support in ensuring the product
gets to the retail outlets safely and quickly. We also will extend the opening times of
selected retail outlets to ensure we can service our customers as long and as safely
possible. Independent marketers (depots & stations) are being allocated additional PMS
to alleviate the situation.
We expect the situation to improve in the coming days as supply chains adjust and
stabilize.
MEMAN remains committed to keeping you informed and providing timely updates.
Should you have any questions or concerns, please feel free to reach out to us through
our official channels.