Stop panic buying, we have fuel for 30 days – NNPC assures Nigerians  

Stop panic buying, we have fuel for 30 days – NNPC assures Nigerians

The current scarcity was a temporary issue caused by reduced depot loadout in Apapa, which has already been resolved.

On Thursday, October 19, 2023, the Nigerian National Petroleum Company (NNPC) Limited affirmed its commitment to providing ample fuel supply to Nigerians, dispelling concerns amid the ongoing fuel scarcity and long queues at petrol stations across the country.

The state-owned oil company acknowledged the challenges faced by Nigerians in recent days, particularly in Lagos, due to reduced depot loadout in Apapa, Lagos.

However, NNPC moved to address the root cause of the problem, ensuring that measures are in place to normalise the fuel distribution process.

“We assure all Nigerians that there is ample supply with sufficiency of at least 30 days,” the statement from NNPC declared, stating their dedication to meeting the nation’s fuel demands.

NNPC Retail Ltd., the downstream subsidiary of NNPC, acknowledged the presence of fuel queues in some parts of Lagos and a few other locations nationwide. However, they urged motorists not to engage in panic buying, noting that the distribution of fuel would return to normalcy over the next couple of days.

The statement stressed that the current scarcity was a temporary issue caused by reduced depot loadout in Apapa, which has already been resolved. NNPC assured the public that efforts were underway to prevent any further disruptions in the fuel supply chain.