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NNPC Insists Queues at Filling Stations not Due to Fuel Scarcity

The Nigerian National Petroleum Corporation (NNPC) has revelaed that the queues at several filling stations was not caused by fuel scarcity.

Fuel consumers had to queue to buy fuel in Abuja on Monday evening and Tuesday morning. This led to fears that there was scarcity of fuel in the country. However, NNPC tweeted on Tuesday morning that it had enough product that would last the country for about 60 days. According to it, there was no need for panic buying.

NNPC wrote, “There is no need for panic-buying, rest assured that the NNPC has over two billion litres of Premium Motor Spirit in stock to guarantee steady supply and at least 60-day-product supply sufficiency.”

Recall that the vandalism of petrol trucks by angry protesters forced oil marketers to temporarily suspend the movement of petroleum products, a development that warranted disruptions in supply.