The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it is working with NNPC Ltd. and other stakeholders to guarantee a smooth transition following the removal of fuel subsidy.
The authority made this known in a statement signed by the General Manager, Corporate Communications, NMDPRA, Mr Kimchi Apollo, to address concerns regarding the removal of fuel subsidy.
Recall that President Bola Tinubu had, in his inaugural speech on Monday, said the fuel subsidy regime had ended with the commencement of his administration.
Apollo said the authority was working to avoid disruptions in the supply of Premium Motor Spirit (PMS), also known as petrol, as well as ensure that consumers were not short-changed in any form.
He assured ample supply of PMS to meet demand and that the authority had taken necessary steps to ensure that distribution channels remained uninterrupted and fuel readily available at all filling stations nationwide.
Apollo urged Nigerians not to panic over the removal of subsidy as the authority had ensured the availability of petrol nationwide.
