National

Fuel: Nigerians Urged To Stop Panic Buying

Voice Air Media, VAM News Update

THE Nigerian National Petroleum Company (NNPC) Limited has once again called on motorists to shun panic buying of the product.

In a statement released today by its Chief Corporate Communications Officer, Olufemi Soneye, NNPC said at the moment, it has over 1.5 billion litres stock of PMS, which is equivalent to over 30 days sufficiency.

‘’The NNPC Ltd. is also collaborating with relevant downstream agencies, such as the Nigeran Midstream & Downstream Petroleum Regulatory Authority (NMDPRA), labour unions in the sector and security operatives, to address hoarding and other unwholesome practices.” the statement in part reads

Nigerians have suffered fuel scarcity in the last three weeks. The fuel queues are however thinning out.

VAM News

Recent Posts

Lagos 2027: Sanwo-Olu Picks APC Governorship candidate

News Update Lagos State Governor, Babajide Sanwo-Olu, has endorsed his deputy, Obafemi Hamzat, as his…

16 hours ago

2027: Most preferred Lagos Governorship consensus ‘candidate’ revealed

President Bola Tinubu has reportedly chosen Lagos Deputy Governor, Obafemi Hamzat, as the preferred candidate…

16 hours ago

NAPTIP rescues 17-year-old trafficking victim

The National Agency for the Prohibition of Trafficking in Persons (NAPTIP) has received and taken…

18 hours ago

US warns Nigerians on visa overstay risk

The United States Mission in Nigeria has cautioned that visa overstays by Nigerian travellers could…

18 hours ago

Kano Assembly approves Garo as Deputy Gov

Kano State House of Assembly has confirmed Murtala Sule Garo as the new Deputy Governor…

18 hours ago

Army recovers over N250m worth of products

Troops of the 6 Division, Nigerian Army, working alongside other security agencies, have stepped up…

19 hours ago