Energy Oil

NNPC warns against panic buying as queues return to fuel stations

*Says it has 30-day product sufficiency
The Nigerian National Petroleum Company (NNPC) Limited said it has noted the appearance of fuel queues in some parts of Lagos and a few other locations around the country.
The retail management of the NNPC in a statement on Thursday, said the queues are due to reduced Depot loadout in Apapa, Lagos over a few days.
It added that the root cause of the queues has since been addressed.
“We assure all Nigerians that there is ample supply with sufficiency of at least 30 days,” the statement said.
The NNPC, however, advised motorists to desist from panic buying as distribution will normalise over the next couple of days.
“NNPC Retail Limited notes the appearance of fuel queues in some parts of Lagos and a few other locations around the country. This is due to reduced Depot loadout in Apapa, Lagos over a few days, and the root cause has since been addressed.

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