The Nigerian National Petroleum Corporation, NNPC, has urged Nigerians to stop ‘panic buying’ of Premium Motor Spirit, PMS, also known as petrol.
The NNPC was reacting to fears by motorists in some filling stations in Lagos and Abuja that there might soon be a scarcity of the product – a development that has led to the resurgence of long queues in these cities.
“There is enough stock of PMS to serve the needs of Nigerians across the country. NNPC urges motorists to desist from panic buying”, a tweet from the state-owned oil corporation said on Monday morning.
The NNPC further explained that the queues especially noticed in the Federal Capital Territory, FCT, is as a result of restriction of movement in Suleja, Niger State over the weekend following the conduct of rerun elections in the state.
There is enough stock of PMS to serve the needs of Nigerians across the country. NNPC urges Motorists to desist from panic buying.
— NNPC Group (@NNPCgroup) February 21, 2016
The queues noticed in FCT is due to restriction of movement in the Suleja over the weekend because of the Assembly elections in Niger State
— NNPC Group (@NNPCgroup) February 22, 2016
This caused a minor delay in supplying PMS from the PPMC Bridging Depot in Suleja to filling Stations in FCT and its environs.
— NNPC Group (@NNPCgroup) February 22, 2016
