Home NNPC Ltd reacts to long queues at filing stations

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.

Share

Leave a comment

Leave a Reply

Your email address will not be published.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

Related Articles

‎Nigeria’s FX market turnover jumps 146% in one week, FMDQ data shows‎

Dollar trading on Nigeria’s official FX window more than doubled week on...

Business

NlNG Train 7: Permanent secretary inspects project site

The Permanent Secretary, Ministry of Petroleum Resources and Chairperson of the NLNG...

Business

Nigeria’s capital market approaching foreign investor turning point in H2, says Coronation

‎Nigeria’s capital market is approaching a defining turning point in the second...

Business

NCC decries 5,000 fibre cuts, demands road contractor coordination‎

‎Nigeria’s telecommunications regulator has sounded the alarm over a wave of fibre-optic...