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Home Business Mobility

NNPC Blames Tightness in Fuel Supply on Logistics

‘Tightness in Fuel Supply Resolved’

by Staff Writer
April 26, 2024
in Mobility
0
NNPC and Fuel
NNPC petrol station

NNPC petrol station

UBA
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Reasons for the long queues built up in filling stations in some parts of Nigeria, especially Lagos State, have been disclosed.

Recall that the resurface of long queues at the filling stations created fears of impending fuel scarcity and possible hike in price.

However, the Nigerian National Petroleum Company Limited (NNPC Ltd) has clarified that the tightness in the supply of Premium Motor Spirit (fuel) currently being experienced in some areas across the country is as a result of logistics issues.

The Company said the issues ‘’have been resolved’’, adding that they are not currently contemplating changes in the price of fuel.

A statement made available to TECHECONOMY by Olufemi Soneye, the chief corporate communications officer of the NNPC Ltd. Reads:

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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”.

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Tags: FuelNNPCNNPC and FuelOlufemi Soneye
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