The Nigerian National Petroleum Corporation, NNPC, on Friday, November 13, called on members of the public to avoid panic buying as there is sufficient fuel in stock.
The state-run oil firm assured that a total number of about 657 million litres of the Premium Motor Spirit (PMS) are currently available for supply.
The Executive Director, Commercials Pipelines and Product Marketing Company (PPMC), Justin Ezeala, who spoke during a press conference organized by the corporation,said there is no reason for queues at the filling stations at the moment, stressing that 657 litres translates to 16 days of sufficiency going by Nigeria’s 40 million litrs daily consumption.
Ezeala, said PPMC, which is set up as a subsidiary and strategic business unit of NNPC is working hard to synchronize all the government agencies to ensure seamless and faster delivery of fuel across the nook and crannies of the country.
He stated that in spite of the fact there is more than enough Premium Motor Spirit to go round, Nigeria would get about 1,4 billion litres of PMS in the month November alone which translates to 35 days sufficiency.
“The fuel is there. People should not go and queue up to buy fuel. At the Conoil opposite NNPC Towers there are four trucks waiting to discharge fuel but there is queue there.
“We have sent almost 30 trucks to retail outlets this morning here in Abuja metropolis alone. The NNPC mega station at Katampe has 10 trucks waiting to discharge but there is queue there. So we are telling people don’t go and queue and waste your time. And a courtesy to other if you do not want to buy fuel do not go and queue because you see people going to buy fuel.”