Scarcity: NNPC urges Nigerians not to engage in panic buying

macfranc007 February 01, 2018 Nigeria News today & Breaking news ▷ Read Nigerian newspapers 24/7 Jerrywright Ukwu

- The Nigerian National Petroleum Corporation (NNPC) has sent a vital message to petroleum products consumers in Abuja and its environs

- The NNPC asked the consumers not to engage in panic buying

- They assureed them that they are in consultation with the leadership of the Petroleum Tanker Drivers (PTD)

The Nigerian National Petroleum Corporation (NNPC) has assured motorists and other petroleum products consumers in Abuja and its environs not to engage in panic buying.

According to a statement sent to NAIJ.com by the corporation's spokesman, Ndu Ughamadu, the NNPC and other relevant government agencies are in consultation with the leadership of the Petroleum Tanker Drivers (PTD).

Don’t engage in panic buying, we are engaging petroleum tanker drivers - NNPC to Nigerians

Some of the petrol stations are already under lock and key.

NAIJ.com gathered that the NNPC's action has led to the union’s reconsideration of its threat to stop dispatches at some depot on Wednesday, January 31

The members of the PTD had threatened to prevent loading from the depot over portions of Mokwa-Jebba road which they had considered were in bad state.

Relevant government agencies have stepped in with a view to addressing the concerns of members of the union.

“NNPC seizes this opportunity to further warn marketers not to hoard products as law enforcement agencies, working with industry regulators, have been detailed to take appropriate measures against any defaulter.

“The corporation assures that there are enough petroleum products to guarantee relief to petroleum products consumers,” the statement said.

Meanwhile, the NNPC is set to build more depots across the country. This was disclosed by the NNPC group managing director, Maikanti Baru, on Monday, January 22, in Abuja while inaugurating the board of one of its downstream companies, NNPC Retail limited.

Baru stated that the addition to the NNPC’s existing 23 depots nationwide would ease products supply and distribution in the country.

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