NNPC assures Nigerians of fuel availability, discourages panic buying

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NNPC assures Nigerians of fuel availability, discourages panic buying

Nigerian National Petroleum Company Limited (NNPC Ltd) has refuted impending fuel scarcity across the country, saying it has two billion litres of Premium Motor Spirit (PMS), popularly known as petrol, in stock

In a statement, Mr Adeyemi Adetunji, Executive Vice President, Downstream, NNPC Limited, noted that with enough fuel in stock, it would cater to motorists and car owners for more than 30 days and advised the public to resist the urge to buy and hoard the product.

According to him, officials are currently monitoring massive loading from the depot to various destinations to reduce the long queues, adding that the NNPC has programmed vessels and trucks to unconstrained depots.

The statement noted that the recent queues in Lagos are largely due to ongoing road infrastructure projects around Apapa and access road challenges in the state.

He said the gridlock is easing out, adding that NNPC retail and key marketers had intensified dedicated loading into Abuja to restore normalcy.

He reassured Nigerians that NNPC has sufficient products, and it has significantly increased product loading in selected depots and extended hours at strategic stations to ensure sufficiency nationwide while also working with industry stakeholders to ensure normalcy is returned as soon as possible.

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