Yuletide: NNPC cautions against panic buying of petrol

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The Nigerian National Petroleum Company Ltd. (NNPC) has assured that it will continue to work tirelessly to ensure sufficient supply of petrol to every part of the country during and beyond the forthcoming festive period.

In a statement issued in obvious reaction to emergence of fuel queues in some parts of the country, especially in Abuja, NNPC said it has product sufficiency that will last far beyond the festive period while advising Nigerians against panic buying.

Group General Manager, Group Public Affairs Division, NNPC, Mr Garba Muhammad, who made this known in a statement on Tuesday in Abuja also expressed appreciation to Nigerians for always heeding its advisories not to engage in panic buying of petrol.

“The NNPC is once again giving Nigerians strong assurance that we have product sufficiency that will last far beyond the festive period.

“Indeed, our stock has risen from a reserve of 1.7 billion litres to over two billion litres within the last one month,” he said.

Muhammad, therefore, urged Nigerians not to engage in panic buying, but to fully enjoy the spirit of the festive season.

While appreciating Nigerians for their understanding and support, he promised that NNPC will not relent, in always ensuring sufficient supply of petrol.

“We wish you all happy celebrations,” he said.