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Home Natural Resources

Petrol queues in Abuja as NNPC assures Nigerians of sufficient stock

Petrol

The Matters Press by The Matters Press
January 27, 2022
Reading Time: 1 min read
0
Nigeria plans to increase petrol pump price despite spike in inflation, unemployment


For three days running, queues have been mounting in major petrol stations in Abuja, forcing motorists to go through hallowing experience to get the product.

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But Nigerian National Petroleum Corporation Ltd. (NNPC) has assured the public that the Company has sufficient stock of Premium Motor Spirit (PMS), otherwise known as petrol, to meet the needs of Nigerians.

Mr Garba Muhammad, Group General Manager, Group Public Affairs Division of NNPC, gave the assurance in a statement on Wednesday.

Muhammad, therefore, advised the public not to engage in panic buying of petrol and to ignore all rumours that may suggest otherwise.

“In line with the existing laws of the land, NNPC Ltd. is deeply committed to ensuring energy security for the country,” the group general manager said.

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  • IMPI faults opposition, rates Tinubu’s policies successful, as Naira succeeds as Africa’s second-best-performing currency against dollar
  • ANALYSIS: HOW TINUBU’S REFORMS TRIGGER HIGH REVENUE EARNINGS IN NIGERIA’S REAL SECTOR
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