HomeBusinessNNPCL gives reasons for fuel queues

NNPCL gives reasons for fuel queues

Date:

Related stories

Senate approves Tinubu’s $2.2bn loan request

The Nigerian Senate has approved President Bola Tinubu's request...

Dollar to Naira Exchange Rate: November 21, 2024

Dollar to Naira Exchange Rate news on Daily News 24 If...

Bashir El-Rufai, mother clash over presidency’s attack on Obasanjo

Bashir El-Rufai, son of former Kaduna State Governor Nasir...

Dollar to Naira Exchange Rate: November 20, 2024

Dollar to Naira Exchange Rate news on Daily News 24 If...

Dollar to Naira Exchange Rate: November 19, 2024

Dollar to Naira Exchange Rate news on Daily News 24 If...
spot_img

The Nigerian National Petroleum Company Limited (NNPCL) says the issues that led to the  tightness in the supply of fuel currently being experienced in some parts of the country have been resolved.

The NNPC Ltd. said that the issues were as a result of logistics problems.

The Chief Corporate Communications Officer, NNPC Ltd. Olufemi Soneye, made the disclosure on Thursday while reacting to the situation.

Soneye reiterated that the prices of petroleum products were not changing.

Also read: IPMAN decries low supply of petroleum product from NNPC

“The NNPC Ltd. wishes to clarify that the tightness in the supply of PMS currently being experienced in some areas across the country is as a result of logistics issues and that they have been resolved.

“The NNPC Ltd. urges Nigerians to avoid panic buying as there is a sufficiency of products in the country,” he assured.

The News Agency of Nigeria (NAN) reports that motorists in the Federal Capital Territory (FCT), have expressed worry over the long queues being presently experienced at fuel stations due to scarcity of PMS.

The independent marketers sell between N680 and N800 per litre, while the NNPC Ltd. retail outlets maintain its pump price of N617 per litre.

The black marketers are also seen along the roads and in front of fuel stations making brisk business, selling above N1, 000 per litre of fuel.

Some of the motorists have expressed sadness at the inconsistency and unavailability of fuel and its associated high price in the country and appealed to the Federal Government to urgently resolve whatever the issues were.

NAN

Subscribe

Latest stories

LEAVE A REPLY

Please enter your comment!
Please enter your name here