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

Nigeria National Petroleum Company has said that the current scarcity of fuel in some parts of the country was a temporary issue caused by reduced depot load out in Apapa, which has already been resolved. NNPCL said it has resolved the crisis surrounding the current petrol shortages in parts of Lagos and South-west. It said that fuel queues in the affected states were caused by reduced depot load out in Apapa in the last few days. The NNPC, in a statement on Thursday, said that the root cause of the shortage had been addressed. “We assure all Nigerians that there is ample supply with sufficiency of at least 30 days. Motorists are advised to desist from panic buying as distribution will normalisee over the next couple of days,” it said.

It thus 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 NNPC Ltd acknowledged the challenges faced by Nigerians in recent days, particularly in Lagos, due to reduced depot load out in Apapa, Lagos. It however said the company  has 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 load out 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.