December 23, 2017

Fuel Scarcity: NNPC to flood market with petrol

The NNPC assures Nigerians to remain calm and not to engage in panic buying as the end of the fuel challenge is near. The Nigerian National Petroleum Corporation (NNPC) says it is intensifying efforts to flood the market with petrol and other products to ease fuel scarcity across the country.Many motorists and travellers have been lamenting the hardship caused buy the scarcity in the last few days.In a statement issued in Abuja on Saturday, December 23, the NNPC spokesman, Mr Ndu Ughamadu said that already, six major marketers – Total, Forte Oil, Oando Plc, MRS, 11 Plc and NIPCO Plc, were loading products round the clock from their various depots in Lagos for onward trucking to other parts of the country.He said,
“The supplies are mostly from cargoes of PMS imported by NNPC which are daily berthing, and immediately being made to discharge their products to stem the supply hiccups.”The imported products are also being supplemented by supplies from the local refineries.

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