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NNPCL Blames ‘Logistics Issues’ For Fuel Scarcity

But it says the issues have been resolved, according to a statement by its spokesperson Olufemi Soneye.


(FILES) A fuel queue in Abuja, Nigeria on Tuesday, May 30, 2023. Photo: Taiwo Adeshina

 

The Nigerian National Petroleum Company Limited (NNPC Ltd) says logistics issues were responsible for the resurfacing of fuel queues in some parts of the country. 

But it says the issues have been resolved, according to a statement by its spokesperson Olufemi Soneye.

“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,” the Thursday evening statement read.

“It also wishes to reiterate that the prices of petroleum products are not changing.”

READ ALSO: NNPCL, First E&P Achieve 20,000bpd Production At OML 85

NNPCL is therefore calling on Nigerians to “avoid panic buying as there is a sufficiency of products in the country”.

READ THE FULL STATEMENT BELOW

PRESS RELEASE

NNPC Ltd Says Cause of Tightness in Fuel Supply Resolved

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.

Olufemi O. Soneye
Chief Corporate Communications Officer,
NNPC Ltd
Abuja.
25 April, 2024.