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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