The Nigerian National Petroleum Company, (NNPC) Limited, has again called on motorists to shun panic buying of Premium Motor Spirit, PMS, otherwise known as Petrol, saying at the moment, it has over 1.5 billion litres stock, which is equivalent to over 30 days of sufficiency.
In a statement issued on Tuesday by the Chief Corporate Communications Officer, Femi Soneye, the company said, filling stations monitored across several states, including Lagos and the FCT, have since thinned out, a development the company says will keep improving daily in other states.
The NNPC Ltd said it is also collaborating with relevant downstream agencies, such as the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), labour unions in the sector, and security operatives, to address hoarding and other unwholesome practices.
(Editor: Ifeanyi Mark)
