‘We have over 1bn litres of petrol’– NNPC asks Nigerians to ignore rumour of impending fuel scarcity

Ebun Francis|

The Nigerian National Petroleum Corporation (NNPC) has assured Nigerians it has over one billion litres of fuel in reserve and has urged Nigerians to disregard rumours of impending fuel scarcity in the country.

NNPC spokesman, Ndu Ughamadu, in a statement on Thursday night described the rumours as, “tales fabricated by mischief makers with intent to create undue panic in the prevailing sanity in the fuel supply and distribution matrix across the country”.

The statement read in part, “The Nigerian National Petroleum Corporation (NNPC) has once again appealed to Nigerians to disregard trending social media report of an impending fuel scarcity due to purported refusal by some oil marketers to lift products from depots.”

Ughamadu reassured Nigerians that it already has an ample stock of over one billion litres of petrol, with over two billion litres secured for April through imports of 48 vessels with each having a capacity of 50 million litres of petrol.

According to him, there was, therefore, “no need for panic buying or hoarding of petroleum products in anticipation of a phantom scarcity.”