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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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