NEWS

We have 60-day fuel sufficiency, says NNPC

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Following the outbreak of Coronavirus in Nigeria and possible lockdown in some states, the Nigerian National Petroleum Corporation (NNPC) has urged Nigerians not to engage in panic buying of Premium Motor Spirit (PMS), as the country has adequate stock of the products to last for over 60 days.

This assurance was given by the Group Managing Director, Mr. Mele Kyari on Sunday in Abuja.

He said that the NNPC had the support of stakeholders to ensure adequate supply of petroleum products.

Kyari said: “There is absolutely no scarcity anywhere; our supply is robust. We have fuel that will last this country even for 60 days, if assuming we do not import any.

“Of course, people because of the pandemic, stay at home, may try to conserve fuel. There is no need to do this.

“Maintain your normal life, we have secured all assurances that trucks will be moving freely across the country throughout this period of difficulty and supply will be sustained.’’

He appealed to Nigerians not to flood fuel stations as there was no need for that.

Commenting on the National Association of Road Transport Owners (NARTO) order to petrol tanker drivers to vacate the depots, Kyari said that the corporation would continue to engage them.