There won’t be fuel scarcity, says NNPC

According to a press statement by the Nigerian National Petroleum Corporation (NNPC), there is no need for apprehension or panic over possible fuel scarcity as there is enough petroleum products stocked in 55 fuel depots across the country.

Ndu Ughamadu, spokesperson to the Corporation therefore advised motorists and other petroleum products consumers not to engage in panic buying, adding that 23 depots in Lagos, seven in Port Harcourt, 11 in Warri, six in Calabar and eight in Kaduna were fully stocked with white products.

He said that two vessels laden with 50 million litres of Premium Motor Spirit (PMS), otherwise called petrol, would arrive the shores of Nigeria every day from Friday, assuring that the country would enjoy an eventful Easter period, just as the just-ended Yuletide.

However, Ndu Ughamadu cautioned depot owners or terminal operators not to sell petrol above the official ex-depot price of N133.28k per litre and advised petroleum products marketers not to sell the product above N145 per litre.