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The Nigerian National Petroleum Corporation (NNPC) has responded to the Independent Petroleum Marketers Association of Nigeria’s (IPMAN) claims of fuel scarcity, assuring the public that there is no need for panic buying as the corporation has enough product to meet the demand.
The NNPC’s Chief Corporate Communications Officer, Olufemi Soneye, has addressed concerns about the fuel scarcity in some parts of the country, stating that the corporation is working to resolve the issue and that the long queues will soon disappear.
IPMAN had previously stated that the fuel scarcity crisis would take another two weeks to be resolved, citing a lack of product due to international supply chain issues and turnaround maintenance at European refineries.
However, the NNPC has assured the public that the situation is under control and that there is no need for alarm.
Soneye emphasized that the corporation will not increase the pump price of petrol and urged Nigerians to avoid panic buying.
He explained that the current tightness in the supply of Premium Motor Spirit (PMS) is a result of logistics issues that have been resolved, and there are sufficient products in the country to meet the demand.
As the NNPC works to address the fuel scarcity issue, it remains committed to ensuring a stable supply of petroleum products and maintaining fair prices for consumers.
The corporation’s efforts aim to prevent panic buying and reassure the public that the situation is under control.
The NNPC has taken steps to address the fuel scarcity issue and has reassured the public that there is no need for panic buying.
The corporation remains committed to ensuring a stable supply of petroleum products and maintaining fair prices for consumers.
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