The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has assured residents of Lagos State of petroleum products availability during the Yuletide.
Mr Ayorinde Cardoso, Zonal Operations Controller, NMDPRA, Lagos, gave the assurance on Monday in Lagos.
Cardoso said: “There is product sufficiency in Lagos with about 341,908,000 litres of Premium Motor Spirit and 174,638,000 litres of Automotive Gas Oil in various depots in the state as at today.
“We are advising marketers against hoarding and creating artificial scarcity of products.”
He said the NMDPRA would intensify its monitoring and surveillance of petroleum products outlets to ensure compliance with quality, quantity and safety of operations in line with its regulatory mandate.
Cardoso advised consumers to report any infraction such as under dispensing of products to any NMDPRA’s office in Lagos.
He also reiterated the petroleum regulatory agency’s commitment to safety and advised consumers to observe all necessary safety protocols in the handling of petroleum products especially at this season of harmattan.
Cardoso said the NMDPRA would continue to initiate appropriate initiatives to enable business and create opportunities for investors and stakeholders in the oil and gas industry in Nigeria.