NNPC Warns  Against Panic Buying

 NNPC Warns  Against Panic Buying

… Says 30-Days PMS Sufficiency Intact

The Nigerian National Petroleum Company NNPC has cautioned motorists against panic buying of product.

In a statement by the Chief Corporate Communications Officer NNPC Ltd, Olufemi Soneye disclosed that there’s improvement in the nationwide supply and distribution of Premium Motor Spirit (PMS).

‘’In filling stations monitored across several states, including Lagos and the FCT, the queues have since thinned out, a development that will keep improving daily in other States.

The Company wishes to state that at the moment, it has over 1.5 billion litres stock of PMS, which is equivalent to over 30 days sufficiency.

‘’The NNPC Ltd is collaborating with relevant downstream agencies, such as the Nigeran Midstream & Downstream Petroleum Regulatory Authority (NMDPRA), labour unions in the sector and security operatives, to address hoarding and other unwholesome practices’’ he added.

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