Home Business NNPC Ltd reacts to long queues at filing stations
Business

NNPC Ltd reacts to long queues at filing stations

Share
Share

By Chioma Obinagwam

As the nationwide supply and distribution of Premium Motor Spirit (PMS), also known as petrol, continue to improve, the Nigerian National Petroleum Company (NNPC) Limited has once again called on motorists to shun panic buying of the product.

NNPC Limited told Confiance News in a statement on Tuesday.

In filling stations monitored across several states, including Lagos and the FCT, the queues have since thinned out, a development that will keep improving daily in other states.

The Company wishes to state that at the moment, it has over 1.5 billion litres stock of PMS, which is equivalent to over 30 days sufficiency.

The NNPC Ltd is also collaborating with relevant downstream agencies, such as the Nigeran Midstream & Downstream Petroleum Regulatory Authority (NMDPRA), labour unions in the sector and security operatives to address hoarding and other unwholesome practices.

Please follow and like us:
Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Member

Don't Miss

Moniepoint hits ₦1trn milestone in SME Loans, marks 10 years of empowering small businesses‎‎

By Chioma Obinagwam Moniepoint Inc., Nigeria’s definitive platform for small businesses and Africa’s all-in-one financial ecosystem, today released its 2025 Year in Review,...

‎Why Nigeria’s Banks Still on Shaky Ground with Big Profits, Weak Capital

By Blaise Udunze‎‎Despite the fragile 2024 economy grappling with inflation, currency volatility, and weak growth, Nigeria’s banking industry was widely portrayed as successful...

Related Articles

Moniepoint hits ₦1trn milestone in SME Loans, marks 10 years of empowering small businesses‎‎

By Chioma Obinagwam Moniepoint Inc., Nigeria’s definitive platform for small businesses and...

‎Why Nigeria’s Banks Still on Shaky Ground with Big Profits, Weak Capital

By Blaise Udunze‎‎Despite the fragile 2024 economy grappling with inflation, currency volatility,...

Why 2026 could be your year of extraordinary breakthroughs‎

By Chioma Obinagwam‎‎Year 2026 will mark the end of ordinary living for...

‎Seplat Energy ends routine gas flaring, leads Nigeria’s net-zero drive‎

By Chioma Obinagwam‎‎ Seplat Energy Plc is reinforcing its commitment to responsible,...