The collapse of government owned petroleum depots across the country has been cited as the major reason behind the takeover of the federal highways by petroleum trucks according to reports.
Speaking at the 10th PETAN Annual Oil Industry Awards & Dinner in Lagos, the Managing Director, Seplat Petroleum Development Company, Mr Austin Avuru, argued that only the urgent repairs of the 19 depots will arrest the situation.
He said: “The downstream is completely collapsed, every time the Lagos State Government attempts to move the terminals away from Apapa, what they don’t realise is that the real problem is in the collapse of our 19 depots built around the country for the purpose of delivering petroleum product within three hours drive to the station.”