NNPC Cautions Against Panic Buying, Says There’s Enough Stock Of Petrol

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fuel queueThe Management of the Nigerian National Petroleum Corporation (NNPC) on Tuesday stated that it has stepped up efforts to maintain stability in the supply and distribution of petroleum products nationwide.

NNPC disclosed in statement  by  Ohi Alegbe,group general manager, group public affairs division that it has enough stock of petrol to service the country for 25 days at a national consumption rate of 40 million litres per day even as it has stepped up product distribution to petroleum marketers and NNPC Retail outlets across the country.

While calling on members of the public to refrain from panic buying, the NNPC said it has sufficient stock of petrol at its coastal depots in Port Harcourt, Warri, and Calabar besides the stock it holds in the national strategic reserves.

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