Fuel Scarcity: No Cause For Alarm, NNPC Assures Nigerians, Says 1.7bn Litres In Store

Abuja – The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has called on Nigerians to remain calm, as fears of fuel scarcity looms.

Kyari however, said there are 1.7 billion litres of fuel stored and 2.3bn litres coming soon.

Recalled that Independent Marketers Association of Nigeria (IPMAN) raised the alarm that private depot owners had increased the price of petrol by N9/litre, but Kyari allayed fears as another 2.3bn litres is coming soon.

NNPC
Photo: Wikipedia

The GMD, spoke on Tuesday in Glasgow during a Conference organised by the Association of Energy Correspondents of Nigeria (NAEC).

“As we speak now, there is speculation of fuel scarcity within the media but we have over 1.7bn litres of Premium Motor Spirit (PMS) in the country.

“We have another 2.3bn litres coming in, so there is no shortage in supply as is being speculated.

“Of course, there are issues about pricing at some depots but the government has no plan to revise the pricing structure,” he said.

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Daily Trust reporters observed that while there are no queues at the major filling stations in Abuja, some others like Shema and Conoil have already shut down operations as they have run out of stock.

For those operating, they have raised the pump price from between N162 and N163 as of Monday to N165 on Tuesday.

Meanwhile, NNPC in a statement, urged the public to shun panic buying of petroleum products, saying there is enough stock that will last beyond this year.

Notorious Bandit, Gide, Bans Consumption Of Illicit Drugs In Zamfara

Meanwhile, A notorious armed bandit, in Zamfara state has totally ban the sale and consumption of alcohol and other killer drugs in some communities in Dansadau Emirate in Maru local government area of the state.

Dogo Gide, as he fondly called has a base in Kuyanbana forest straddling Zamfara, Kaduna, Niger and Kebbi states.

Abdullahi Abubakar

Abdullahi Abubakar is a graduate of the University of Maiduguri.He is a teacher and passionate about Journalism and writing in general. He works with Today Post as a senior Editor and is currently living in Gombe.

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