Don’t engage in panic buying, we have enough petrol – NNPCL

Date:

Share post:

The Nigerian National Petroleum Company Ltd (NNPCL) says petrol scarcity in some parts of the country has been taken care of.

It advised motorists and other users of the commodity not to engage in panic buying.

NNPCL attributed the recent fuel queues in Lagos and some locations to the reduced depot load-outs in Apapa, Lagos.

It said in a statement that the root cause of the scarcity has since been addressed.

“We assure all Nigerians that there is ample supply with sufficiency of at least 30 days, distribution will normalize over the next couple of days.”

However, marketers have blamed the scarcity in Lagos and Abuja on the rise of dollars against the naira, hoarding of the commodity and bad roads.

spot_img

Related articles

Pax Silica Summit to be held June 25 and 26

On June 25 and 26, at the U.S. Department of State, Under Secretary of Economic Affairs Jacob Helberg...

UN Public Service Awards to honour 12 initiatives for accelerating progress on SDGsInbox

Twelve initiatives from Azerbaijan, Brazil, Cambodia, the Dominican Republic, Indonesia, the Philippines, Saudi Arabia and Thailand will be...

How Messi becomes all-time leading scorer at World Cup

Lionel Messi became the leading scorer in World Cup history as the captain struck twice to give Argentina...

One injured as IED under vehicle explodes in Lagos market

The Commissioner of Police, Lagos State Command, Mr Fatai Tijani, has assured residents that a commercial area in...