Connect with us



NNPC Speaks On Fuel Scarcity, Says It Has Enough Supplies



Breaking: NNPC Reduces Ex-Depot Price Of Petrol

The Nigerian National Petroleum Corporation (NNPC) has reacted to the rumours of an impending fuel scarcity in the country due to the alleged refusal of some oil marketers to lift products from the depots.

Addressing the development on Thursday, the NNPC said Nigerians should not entertain any fear on the availability of the product.

Recall Naija News earlier reported the scarcity of the product in Ilorin and Port Harcourt and as at the time of filing this report, scarcity is already hitting Lagos and Ogun States.

NNPC said it had over one billion litres of fuel in stock according to a statement released on its verified Twitter handle and signed by Ndu Ughamadu, its Group General Manager, Group Public Affairs Division.

The statement read, “FAKE NEWS ALERT: Discountenance Rumoured Fuel Scarcity, says @NNPCgroup

@NNPCgroup has once again appealed to Nigerians to disregard trending social media report of an impending fuel scarcity due to purported refusal by some oil marketers to lift products from depots.

The @NNPCgroup in a release this evening by its Group General Manager, Group Public Affairs Division, @NduUghamadu, explained that the tale was fabricated by mischief makers with intent to create undue panic in the prevailing sanity in the fuel supply and distribution matrix across the country.

“@NNPCgroup informed that it has over 1bln litres of petrol in stock while imports of 48 vessels of 50mln ltrs each have been committed for April 2019 alone, noting that there was no need for panic buying or hoarding of petroleum products in anticipation of a phantom scarcity.

“The @NNPCgroup Spokesman said the pump price of petrol remains N145 per litre.”

See the tweet below:

Source: Naija News

Passionate writer, content provider, inspired by the opportunity to learn new things.