The Nigerian National Petroleum Corporation (NNPC) has advised the members of the public buying of Premium Motor Spirit, commonly known as petrol.
The agency disclosed that it was not aware of any plan by the government to cause an increase in the pump price of petroleum.
Speaking in a statement on Monday by Garba Muhammad, Group General Manager, Group Public Affairs Division, NNPC, in Abuja, said that the NNPC had over 1.7 billion litres of petrol in stock.
Muhammad added that more of the product is expected to arrive in the country daily over the coming weeks and months.
According to him, it was therefore unnecessary to entertain any fear of scarcity of petrol throughout the festive season and beyond.
“The NNPC is also not aware of any plan by the government to cause an increase in the pump price of petroleum. The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has made that declaration last week.
“In view of these assurances, therefore, the NNPC is advising motorists and other consumers of petrol to maintain their regular pattern of the purchase of petrol without getting into a panic situation that may send the wrong signals around the country,” he said.
He added bthe NNPC is also engaging all stakeholders to ensure the smooth supply and distribution of products to every part of the country during the festive season and beyond.
