The Nigerian National Petroleum Corporation (NNPC) Limited has said the sudden appearance of long queues at the filling stations in Abuja is due to low load-outs at depots.
The NNPC disclosed on Monday on its official Twitter handle that the low load-outs usually happen during long public holidays of the Sallah celebrations and Easter celebrations.
In a statement by the GGM, GPAD, NNPC Ltd, Garba Deen Muhammad, said another contributing factor to the sudden appearance of queues is the increased fuel purchases which are also usual with returning residents of the FCT from the public holidays.
He disclosed that the NNPC and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) in conjunction with oil marketing partners have taken necessary measures to ramp up load-outs from all depots.
Advising motorists against panic buying, the NNPC said Nigeria has a national excess of 2.5 billion liters, with a sufficiency of more than 43 days in stock.
“The NNPC Ltd notes the sudden appearance of fuel queues in parts of Abuja. This is very likely due to low load-outs at depots which usually happen during long public holidays, in this case, the Sallah celebrations.
“Another contributing factor to the sudden appearances of queues is the increased fuel purchases which are also usual with returning residents of the FCT from the public holidays.
“NNPC and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (@NMDPRAtweets) in conjunction with our marketing partners have taken necessary measures to ramp up load-outs from all depots.
“We assure all residents of the FCT, and indeed all Nigerians, that we have ample local supplies and national stock in excess of 2.5 billion liters, with a sufficiency of more than 43 days.
“The NNPC Ltd hereby advises motorists not to engage in panic buying as supplies are adequate as it will become increasingly evident in the coming days.”
https://any.peopleandpowermag.com/nnpc-cautions-against-fuel-panic-buying-in-abuja-says-scarcity-due-to-low-load-outs-at-depots/
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