THE NIGERIAN National Petroleum Company Limited (NNPCL) said it has addressed the challenges surrounding the ongoing scarcity of petrol, otherwise called Premium Motor Spirit (PMS).
In a press release on Thursday, NNPCL said the scarcity in certain parts of the country, including the Federal Capital Territory (FCT), stems from logistical challenges that have since been resolved.
The release signed by NNPCL’s Chief Corporate Communications Officer, Mr Olufemi Soneye, emphasised that there were no impending changes to petroleum product prices.
Soneye reassured that there is ample supply of petroleum products nationwide, urging citizens to refrain from engaging in panic buying.
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“The Nigerian National Petroleum Company Limited (NNPC Ltd) wishes to clarify that the tightness in the supply of Premium Motor Spirit currently being experienced in some areas across the country is as a result of logistics issues and that they have been resolved.
“It also wishes to reiterate that the prices of petroleum products are not changing.
“It urges Nigerians to avoid panic buying as there is a sufficiency of products in the country,” Soneye said in the terse release.
