The Nigerian National Petroleum Corporation’s (NNPC) General Manager, Jumah Dansure, said that NNPC and Total Nigeria Plc are considering the movement of petroleum products through the rail system in other to reduce the cost of transportation, The Guardian reported.
Dansure added that the project will be possible, if the government succeeds with plans to renovate the rail sector, according to Ecofin Agency. Additionally, this initiative will help mitigates challenges in the value-chain due to the lack of functioning refineries coupled with the lack of adequate public awareness in Nigeria. This has resulted in sharp practices in the system, such as product adulteration and faking.
Dansure comments came on the sideline of the Oil Trading and Logistics Africa (Downstream) event held in Lagos late October. He said that the firm would tap into the recently launched speed limiter policy of the Federal Road Safety Corps (FRSC) to deal with over speeding among drivers and ensure proper monitoring of products. Furthermore, Total Nigeria’s Sales and Marketing General Manager, Adesua Adewole, said that industry best practices in downstream sector must be shared across the board. He concluded that the company is in partnership with the Standards Organization of Nigeria (SON), and would continue to ensure that product qualities are met.