By Tunde Johnson, Abuja
The Nigerian National Petroleum Corporation (NNPC) says motorists need not worry about the availability of Premium Motor Spirit (PMS) and stop panic buying, saying it has adequate supply of the product in the country.
Ndu Ughamadu, Group General Manager, Group Public Affairs division of NNPC, in a statement on Thursday in Abuja,isaid the corporation had product that would last for over 30 days.
He said law enforcement agencies would mete out appropriate sanctions to operators of fuel stations who engage in hoarding or selling the products above the recommended price.
“NNPC wishes to enjoin motorists in Abuja, its environs and other parts of the Country not to engage in any panic buying of petroleum products.
“NNPC assures motorists that the Corporation has robust stock of PMS, otherwise called petrol, which is sufficient to serve the nation for more than 30 days,” he said
He advised motorists to report any marketer selling above N145 per litre of petrol or hoarding the products to the Department of Petroleum Resources (DPR) which is statutorily empowered to deal with such issues.
Ughamadu added that DPR had offices located in all parts of the country.
Some of the filling stations with long queues include the NNPC Mega station, AA Rano along the Kubwa express road, Conoil and Mobil oil in the Central business district.
He urged government to ensure a lasting solution to the problem