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Lagos fuel scarcity: NNPC tells motorists not to panic buy

The management of the Nigerian National Petroleum Corporation and its downstream subsidiary, the Pipelines and Products Marketing Company, have said the country has over 32 days ample stock of petroleum products available for supply during the yuletide and beyond.

The corporation noted that the petroleum market was robust with premium motor spirit also known and enjoined motorists in Lagos and its environs not to engage in panic buying.


The NNPC, in a statement, said the noticeable queues in some filling stations in Lagos were attributable to panic buying caused by reduced truck-out of PMS from oil marketing companies' depots in the Apapa area of Lagos due to the gridlock created by the ongoing road construction in the vicinity.

The corporation urged Marketers affected by the Apapa road construction to load their petroleum products from its inland depot in Mosimi so as to support the "zero tolerance to fuel queues" policy across the country.

It appealed to marketers to immediately commence loading from the PPMC Mosimi depot to cover for the shortfall from Apapa.

The corporation also advised marketers to desist from hoarding or diversion of petroleum products as any marketer caught in the nefarious act would be sanctioned.

The NNPC called on the general public to avoid panic buying of petroleum products as adequate measures had been put in place to wet the country with PMS in order to ensure hitch free transportation of goods and services during the yuletide period and beyond.
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1 comment

  1. This happens every year closer to Christmas anyway

    ReplyDelete

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