Skip to main content

'There's Fuel For 37 Days' — NNPC Warns Against Panic Buying Of Fuel DUe To Labour Strike

September 26, 2018

According to a statement by Ndu Ughamadu, Group General Manager, Group Public Affairs of the NNPC on Wednesday, the corporation appealed to Nigerians not to engage in panic buying as there was enough fuel to last the country for 37 days.

Dr. Maikanti Baru, Managing Director of the Nigerian National Petroleum Corporation (NNPC), has cautioned Nigerians against panic buying of petroleum products following the planned nationwide protest by the Nigeria Labour Congress (NLC) slated for Thursday, September 27, 2018.

According to a statement by Ndu Ughamadu, Group General Manager, Group Public Affairs of the NNPC on Wednesday, the corporation appealed to Nigerians not to engage in panic buying as there is enough fuel to last the country for 37 days.

NNPC also noted that depot managers had been instructed to intensify products loading and other activities in their depots to address the possibility of fuel crisis.

The statement read: “The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has appealed to motorists and other consumers of petroleum products across the country not to engage in panic buying of products over the Nigeria Labour Congress (NLC) planned industrial action.

“Dr. Baru said the Federal Government was seriously engaging the NLC on the issues it raised, a release by NNPC Group General Manager, Group Public Affairs Division, Mr. Ndu Ughamadu, stated today in Abuja.  

“Ughamadu quoted the NNPC GMD as affirming that the nation had 37- day petroleum Premium Motor Spirit (PMS), otherwise called petrol, self-sufficiency, assuring that all the NNPC’s depots across the country, including the private ones engaged by the corporation on throughput basis, have an abundance of petroleum products to meet the needs of Nigerians.

“All NNPC depot managers have been instructed to intensify products loading and other activities in their depots to avert any fallout of developments in respect of the NLC’s proposed strike.

“Dr. Baru explained that the NNPC would continue to meet the products consumption needs of all Nigerians wherever they may be within the shores of the country.”