NNPC Allay Fears Of Scarcity, Injects Additional 688m Litres Of Petroleum Products

Petrol pumpThe Nigerian National Petroleum Corporation, NNPC on Friday, called on members of the public not to engage in panic buying and hoarding of petroleum products as it is working with all downstream industry stakeholders to eliminate the noticeable artificially induced fuel queues in some fuel stations across the country.

A statement by NNPC spokesman, Ohi Alegbe, said the corporation has already increased substantially, the volume of petroleum products distributed to marketers, stating the NNPC is injecting additional volume of 600, 103.047 metric tonnes of premium motor spirit, the equivalent of 688 million litres of petrol into the market within the next 48 hours, to ease supply shortages that may have been triggered by the unnecessary fears of an imminent scarcity of product.