NNPC urges Nigerians not to engage in panic buying of petrol

The Nigerian National Petroleum Company Limited says it has a sufficient amount of Premium Motor Spirit, commonly known as petrol which will last through the festive season.

This was contained in a statement on Tuesday signed by Garba Muhammad, Group General Manager, Group Public Affairs Division, NNPC, in Abuja.

The NNPC also urged Nigerians not to engage in panic buying while revealing its reserve has increased from a reserve of 1.7 billion litres to over two billion litres.

The statement reads: “The Nigerian National Petroleum Company Ltd wishes to express its 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.

“Thus, we once again urge Nigerians not to engage in panic buying but to fully enjoy the spirit of the festive season as we continue to work tirelessly to ensure sufficient supply of petrol to every part of the country.

“Once again the NNPC extends sincere appreciations to all Nigerians for your understanding and support.

“We wish you all happy celebrations.“

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