Most filling stations in Abuja and other parts of the country have been inundated with cars forming long queues in an attempt to get petrol.
However, in a statement signed by the Spokesman of the NNPC, Mr Ohi Alegbe, the NNPC said that there is adequate product to last the country for 23 days.
The statement put the quantity of petrol stock at over 927 million litres.
The statement further warned marketers not to engage in products hoarding and diversion as the monitoring committee from the Pipeline and Products Marketing Company (PPMC) is empowered to sanction anyone engaging in sharp practices.
The NNPC had on Monday said that there was no iota of truth in the news making the rounds that the organisation had reduced the pump price of fuel.
The Group General Manager of NNPC, Ohi Aligbe told Channels Television on Monday that stories about the pump price being reduced has gone viral on the internet, but maintained that pump price of petrol remains 87 naira per litre.
"The President commends Mr. Obazee for the dedication and professionalism he exercised in handling the…
The pair were unused substitutes in midweek as the defending champions brushed Aston Villa aside…
Mbappe has previously made clear his desire to represent France at the Games. Still, that…
The injuries pose a question mark over Vingegaard's hopes of recording a third successive Tour…
The government recently increased tariff cost for Band A users less than a year after…
This week, Ukrainian President Volodymyr Zelensky signed a law lowering the country's army mobilisation age…
