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Saturday, March 28, 2020

NNPC says no looming fuel scarcity

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The Nigerian National Petroleum Corporation (NNPC) Thursday appealed to Nigerians to disregard trending social media report of an impending fuel scarcity due to purported refusal by some oil marketers to lift products from depots.

” The tale was fabricated by mischief makers with intent to create undue panic in the prevailing sanity in the fuel supply and distribution matrix across the country, says Group General Manager, Group Public Affairs Division, Ndu Ughamadu, in a statement.

NNPC informed that it has over 1billion litres of petrol in stock while imports of 48 vessels of 50million litres each have been committed for the month of April 2019 alone noting that there was no need for panic buying or hoarding of petroleum products in anticipation of a phantom scarcity.

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