Nigerian Independent Petroleum Company (NIPCO) Plc has concluded arrangement to bring into the country fresh supply of about 30,000 MT of Premium Motor Spirit (PMS) as a flag off of its importation programme to ensure adequate supply of petroleum to independent marketers in the country.

The arrangement which was sealed earlier January this year is part of the major goals of the company to put the perennial fuel scarcity which is fast taking its tall on marketers especially IPMAN members behind us and chart a course in which fuel marketers can be assured of adequate and affordable supply at all times.

The consignment which is expected in the country about middle of February is within the specialization of the relevant regulatory agencies within the sector.

NIPCO Plc floated by Independent Marketers under the aegis of IPMAN with Pure Bond U.K as its core investor has been in the fore front of ensuring that its promoters are kept in business all year around as well as guaranteeing good dividends on their investments.

It is against the foregoing that the company having ruminated on the supply situation especially towards the end of 2006 decided to take the bold moue of importing PMS aside of its other imports of the Automated Gas Oil the company has decided to take the bull by the horn and there is no going back on the fuel imports in the overall interest of the country at large and our esteemed marketers spread across the length and breath of the country a particular.

The resolve of the company which will also go a long way in compliment the supply from the Nigeria National Petroleum Corporation (NNPC) is borne out of the genuine drive of NIPCO Plc to support government measures to fully ease product supply problem in the country.

It will be recalled that the federal government as part of the measure to address the ongoing scarcity appealed through the Nigeria National Petroleum Corporation to both majors as independents to import petroleum product to augment whatever NNPC was able to bring in.

The company’s import product which is expected to be loaded before the end of January from Europe with a sailing time of about 12 days would put smiles on the faces of Nigerians as it will urgently address queues across the country.

NIPCO import which will be discharge at its ultra modern terminal at Apapa would be disturbed mainly among the independent marketers some of whom had to leave their trucks and drivers of the company’s premises for weeks waiting to be supplied products.

The company has had to contend with the scarcity for sometime with lots of concern for its teeming marketers and is convinced that this import, and the subsequent ones in the pipeline, the gloom on their faces will soon change and all stakeholders will better for it.

NIPCO has indeed put in place lots of measures that will add value to the numerous services being rendered to its growing publics all in a bid to attain her vision of being the first choice company to stakeholders.

The leadership role of the NNPC has remained one of the motivating factors propelling NIPCO to join the PMS import train and we will remain committed to their fresh impetus to fuel terminal owners to bring in products like the corporation has being doing as such be partners in progress