Fuel Scarcity: NNPC says no cause for alarm....Urges Public to Refrain from Panic-buying

The Nigerian National Petroleum Corporation (NNPC) says it has stepped up efforts to maintain stability in the supply and distribution of petroleum products nationwide.

The Group General Manager, Public Affairs of the Corporation, Mr Ohi Alegbe, in a statement  disclosed 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.