NNPC reserves over 2 billion litres, panic buying unnecessary- GarbaDeen

NNPC report

The Nigerian National Petroleum Company Ltd has once again allayed the fears of consumers over possible fuel scarcity saying the company has enough in reserves.

Garba Deen Muhammad, Group General Manager of the corporation made this known in a press statement. He said the company’s reserves have grown from 1.7 billion litres to over 2 billion litres, as such, panic buying or queues are mere artificial creations.

He said the company “wishes to express its appreciation to Nigerians for always heeding its advisories not to engage in panic buying of petrol.

“The NNPC is once again giving Nigerians strong assurance that we have product sufficiency that will last far beyond the festive period.

“Indeed, our stock has risen from a reserve of 1.7 billion litres to over two billion litres within the last one month.

“Thus, we once again urge Nigerians not to engage in panic buying but to fully enjoy the spirit of the festive season as we continue to work tirelessly to ensure sufficient supply of petrol to every part of the country”