Seven days after the presidential and National Assembly elections, the Nigerian National Petroleum Company Ltd. (NNPCL) is attributing fuel queues that emerged in Abuja and some parts of the country on Saturday to restriction of movement and closure of businesses during the presidential and National Assembly elections.
A statement by the NNPCL, through its Chief Corporate Communications Officer, Mr. Mr Garba Deen Muhammad,
said: “The appearance of pockets of queues in Abuja and some parts of the country, is largely due to restrictions in businesses and movement, to allow for the conduct of the presidential and NASS elections to enable Nigerians to exercise their civic right.
“However, operations have now resumed at the depots and trucks are being dispatched to various parts of the country.
“We expect normalcy to be restored in the next few days.
“NNPC Ltd. and all its partners and stakeholders will continue to work together to ensure seamless distribution of petroleum products around the gubernatorial and State Assembly elections.
“We, therefore, enjoin Nigerians not to engage in panic buying,” he said
According to him, the latest updates released showed a total of 2.1 billion litres of Premium Motor Spirit (PMS) stock.
The stock, he says, represents represented 0.9 billion litres in all the land depots nationwide and 1.2 billion litres on marine vessels.
The stock was equivalent to 35 days sufficiency as of March 4, but assured that the NNPCL planned to close the month of March with about 2.8 billion litres, equivalent to 47 days of sufficiency.