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19 Sep 2017

NNPC Reacts to Nationwide Panic Buying of Fuel

The state-owned oil company in Nigeria has played down reports of a nationwide fuel scarcity which has thrown the country into panic.

The Nigerian National Petroleum Corporation (NNPC) has advised motorists across the country not to engage in any panic buying of petroleum products.

A statement by Group General Manager, Public Affairs Division, Ndu Ughamadu, has assured that the corporation has in stock, Premium Motor Spirit (PMS) otherwise called petrol, sufficient to serve the nation for 48 days.

“Similarly, there is in stock, sufficient quantity of Automotive Gas Oil (AGO), Dual Purpose Kerosene (DPK) as well as Aviation Turbine Kerosene (ATK) to serve the country”, he noted.

“Motorists are further enjoined to report any challenge they may have in the course of purchasing to the Department of Petroleum Resources (DPR) which is statutorily empowered to deal with such issues.

“DPR has offices located in all parts of the country.

“The government is working assiduously to arrive at an amicable resolution of outstanding issues with the industry unions,”‎ he added.

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