The Nigerian National Petroleum Corporation (NNPC) has appealed to motorists in Abuja, its environs and other parts of the country not to engage in any panic buying of petroleum products.
It assured that the Corporation has robust stock of PMS, otherwise called petrol, which is sufficient to serve the nation for more than 30 days.
Ndu Ughamadu, Group General Manager, Group Public Affairs Division, in a statement on Thursday said NNPC has noticed queues in some fuel stations, especially in Abuja.
“Motorists are advised to report any marketer selling above N145 per litre of petrol or hoarding the products to the Department of Petroleum Resources (DPR) which is statutorily empowered to deal with such issues.
“DPR has offices located in all parts of the country.
Law enforcement agencies would mete out appropriate sanctions to operators of fuel stations who engage in hoarding or sell products above the recommended band,” the statement added.
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