The Nigerian National Petroleum Corporation
(NNPC), has called on Nigerians to desist from
panic buying of Premium Motor Spirit (PMS), also
known as fuel, stating that it has about 23 days of
product supply in all its depots across the country.
Reacting to the resurgence of fuel queues in some
cities across the country, the NNPC, in a statement
by Mr. Ohi Alegbe, Group General Manager, Group
Public Affairs Division, stated that its depots have
about 927.461 million litres of PMS which is
enough to serve the country for the next 23 days if
no drop of the product is imported within the
period.
The NNPC blamed the resurgence of queues at
petrol filling stations on rumour of an impending
scarcity, a$$uring that it has enough products to
meet the demand of the country.
It also warned oil marketers not to engage in sharp
practices, stating that anyone found wanting would
be dealt with decisively.
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