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NNPC Resolves Challenges of PMS Scarcity Kicks Against Panic Buying

The Nigerian National Petroleum Company Limited said it has addressed concerns that surround the current scarcity of Premium Motor Spirit commonly known as petrol appealing to Nigerisans to stop panic buying.
NNPCL said the scarcity in certain regions of the country stems from logistical challenges, which have since been resolved.
In a statement issued by Chief Corporate Communications Officer, NNPC Ltd., Olufemi Soneye on Thursday emphasised that there were no impending changes to petroleum product prices.
Soneye, in the statement, reassured Nigerians of an ample supply of petroleum products nationwide, urging citizens to refrain from engaging in panic buying.
The company underscored the importance of maintaining calm, as there is no shortage of fuel in the country.
The statement read, “The Nigerian National Petroleum Company Limited (NNPC Ltd.) wishes to clarify that the tightness in the supply of Premium Motor Spirit currently being experienced in some areas across the country is a result of logistics issues and that they have been resolved.
“It also wishes to reiterate that the prices of petroleum products are not changing.
“It urges Nigerians to avoid panic buying as there is a sufficiency of products in the country.”

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