The
Nigerian National Petroleum Corporation (NNPC) has attributed the queues in
some filling stations in Lagos to panic buying occasioned by gridlock of the
ongoing road construction in Apapa.
This is
contained in statement by Ohi Alegbe, the Group General Manager, Group Public
Affairs Department NNPC in Abuja on Tuesday.
The
statement stated that the situation resulted to reduced truck- out of Premium
Motor Spirit (PMS) from Oil Marketing Companies’ Depots in Apapa Area of Lagos.
It stated
that NNPC and its downstream subsidiary, the Pipelines and Products Marketing
Company (PPMC) had over 32 days stock of petroleum products available for
supply across the nation during the yuletide.
It stated
that additional PMS laden vessels had also arrived Lagos Port
The
corporation noted that the market was robust with premium motor spirit also
known as petrol, and enjoined motorists in Lagos and its environs not to engage
in panic buying.
It urged
marketers affected by the Apapa road construction to load their petroleum
products from its inland depot in Mosimi so as to support the “zero tolerance
to fuel queues” policy across the country.
It
appealed to marketers to immediately commence loading from the PPMC Mosimi
depot to cover for the shortfall from Apapa.
The corporation also advised marketers to desist from hoarding or diverting of
petroleum products as any marketer caught in the nefarious act would be
sanctioned.
The NNPC
called on the general public to avoid panic buying of petroleum products as
adequate measures had been put in place to supply the nation with PMS.
It stated that this was to ensure hitch-free transportation of goods and services during the yuletide period and beyond. (NAN)
It stated that this was to ensure hitch-free transportation of goods and services during the yuletide period and beyond. (NAN)
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