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Stop Panic Buying, NNPC Caution Nigerians

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The Nigerian National Petroleum Corporation, (NNPC) has assured petroleum products consumers not to panic as it holds 2.6billion litres of petrol and 90,000 metric tonnes of Kerosene.

It said the holding is expected to last 52 days, assuming no single drop of products is imported from now.

This comes even as Naija News earlier reported that the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) suspended its earlier directive to commence shutdown of depots across the country from loading petroleum products effective from 12-midnight today (Monday).

NNPC spokesman Mr. Ndu Ughamadu, in a release, early today in Abuja said the purported shut down of operations by DAPPMAN would not affect products distribution as NNPC had ordered all its depots across the country and those of bulk purchase marketers it recently entered agreements with to undertake a 24 hour operations to avert any shortages in products distribution in the country.


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