Friday, 31 January 2014

NNPC debunks rumour of imminent fuel scarcity

NNPC logo 1
NNPC LOGO
Management of the Nigerian National Petroleum Corporation (NNPC) has dismissed the reports of looming fuel scarcity.

A statement issued in Abuja by the General Manager, Public Affairs Division, NNPC, Omar Ibrahim,  advised members of the public not to panic.

It said that the NNPC, in spite of the unending challenges posed by pipeline vandalism and product theft, had enough stock of products in its marine reserve and national strategic reserve.

The statement cautioned members of the public against any form of hoarding or panic buying of petroleum products in anticipation of scarcity.

Obafemi Olawore, the executive secretary of the association, said that the Apapa depot, which controlled about 43 per cent of national demand, had only five days fuel sufficiency in stock.

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