By Dennis Mernyi
The Nigerian National Petroleum Corporation (NNPC) has advised the general public not to indulge in panic buying petroleum products assuring that it has over 1.7 billion litres of petrol in stock that can serve for a reasonable period.
The corporation assures that more product is expected to arrive in the country daily over the coming weeks and months to take care of any unforeseen shortfall before the yuletide, Garba Deen Muhammad, Group General Manager, Group Public Affairs Division stated this in a statement Monday in Abuja.
According to him, with the availability of the product ready for distribution in the market, “it is, therefore, unnecessary to entertain any fear of scarcity of petrol throughout the festive season and beyond”.
“The NNPC is also not aware of any plan by the government to cause an increase in the pump price of petroleum.
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has made that declaration last week”, the statement added.
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In view of these assurances, therefore, Mohammad said, NNPC is advising motorists and other consumers of petrol to maintain their regular pattern of the purchase of petrol without getting into a panic situation that may send the wrong signals around the country.
The NNPC he disclosed is also engaging all stakeholders to ensure smooth supply and distribution of products to every part of the country during the festive season and beyond.
