Press Release
The Nigerian National
Petroleum Corporation (NNPC) has called on members of the public to shun panic buying
and stock-piling of petrol as there is enough stock of the product to keep the
country wet for two months.
In a statement made
available to journalists, the Corporation put the current stock of premium
motor spirit (petrol) in its depots across the country at 1.9 billion litres.
It also appealed to tanker
drivers who had stopped hauling fuel from depots in the coastal states to the
Northern part of the country for fear of being caught in unfounded fears of
post-election violence, to return to work as the Corporation is working closely
with security agencies to provide maximum security for them.
The Corporation also
cautioned marketers to desist from capitalizing on the situation to hoard and
divert petroleum products thereby subjecting Nigerians to unnecessary hardship,
adding that the Minister of Petroleum Resources, Mrs Diezani Alison-Madueke,
has directed the Department of Petroleum Resources (DPR) and the Petroleum
Products Pricing Regulatory Agency (PPPRA) to sanction any marketer found
hoarding, diverting or selling products above regulated prices.
The Corporation urged
members of the public to discountenance rumours or insinuations of petrol
scarcity as all issues relating to the importation of fuel by marketers have
been resolved, stressing that the Petroleum Pipelines and Marketing Company
(PPMC) has released a huge volume of petrol into the market.
OHI ALEGBE
Group
General Manager,
Group
Public Affairs Division,
NNPC
Towers,
Abuja.
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