Capital Oil and Gas Ltd on Sunday commenced the loading of 13 million litres of petrol from its depot in Apapa for distribution to the various states to reduce the current scarcity.
The Chairman of the company, Ifeayin Ubah, told journalists in Lagos that more than 2,000 trucks would be loaded before May 29 to boost the country’s economic activities.
He said that the company’s facilities had the capacity to load 13 million litres of the product within the period.
“This comes to approximately 500 trucks of petroleum products on daily basis. With this, it is our belief that once again our citizens will begin to smile and return to normal family and work life.
“We call on other petroleum marketers to follow suit and save our nation from this impending economic and social crisis,’’ he said.
Mr. Ubah said that the company on May 16 received a message ordering the suspension of loading activities in all depots from May 18.
He said that the company realised that the directive was the result of funds owed to transporters by oil marketers who in turn are owed by the Federal Government.
Capital Oil and Gas Ltd on Sunday commenced the loading of 13 million litres of petrol from its depot in Apapa for distribution to the various states to reduce the current scarcity.
The Chairman of the company, Ifeayin Ubah, told journalists in Lagos that more than 2,000 trucks would be loaded before May 29 to boost the country’s economic activities.
He said that the company’s facilities had the capacity to load 13 million litres of the product within the period.
“This comes to approximately 500 trucks of petroleum products on daily basis. With this, it is our belief that once again our citizens will begin to smile and return to normal family and work life.
“We call on other petroleum marketers to follow suit and save our nation from this impending economic and social crisis,’’ he said.
Mr. Ubah said that the company on May 16 received a message ordering the suspension of loading activities in all depots from May 18.
He said that the company realised that the directive was the result of funds owed to transporters by oil marketers who in turn are owed by the Federal Government.

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