Petroleum queues: No need for panic buying, says NNPC

Date:

Okechukwu Nnodim, Abuja

Petrol queues surfaced in parts of Abuja on Monday evening and intensified on Tuesday morning.

But the Nigerian National Petroleum Corporation tweeted on Tuesday morning that it had enough product that would last the country for about 60 days, adding that there was no need for panic buying.

The PUNCH had reported that the vandalism of petrol trucks by angry protesters forced oil marketers to temporarily suspend the movement of petroleum products, a development which warranted disruptions in supply.

Reacting to the queues that surfaced in Abuja and neighbouring states on Tuesday morning, the NNPC said in a tweet that there was no need for panic.

It said, “There is no need for panic-buying, rest assured that the NNPC has over two billion litres of Premium Motor Spirit in stock to guarantee steady supply and at least 60-day-product supply sufficiency.”

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Adedayo Adewale
Adedayo Adewalehttp://uhurutimes.com
Dayo Adedayo is a writer, entrepreneur, and legal enthusiast with a passion for media, technology, and storytelling. As the driving force behind Uhuru Times, he curates thought-provoking content that spans politics, entertainment, business, and social discourse. With a background in law and a deep interest in forex trading, NFTs, and digital media, Dayo combines analytical insight with creative storytelling. His goal is to make Uhuru Times a hub for bold opinions, diverse perspectives, and engaging narratives that challenge conventional thought.

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