Fuel Supply Concerns: NNPC Advises Against Panic Purchases, Assures 30-Day Fuel Reserves are Adequate

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NNPC Cautions Against Panic Purchases, Ensures Ample Fuel Reserves

In a statement released on October 19, the Nigerian National Petroleum Corporation (NNPC) Limited cautioned Nigerian citizens against panic buying. The NNPC clarified that the queues observed in certain areas of Lagos and Abuja were a result of reduced depot loadout in Apapa, Lagos, for a short period. The statement further assured all Nigerians that there is an abundant fuel supply with at least a 30-day reserve. Motorists were advised to refrain from panic buying, as normal distribution is expected to be restored within the next few days.

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