The Nigerian National Petroleum Company Limited (NNPCL) has assured Nigerians that it will maintain a seamless distribution of Premium Motor Spirit (PMS), commonly known as petrol, as the country prepares for the governorship and state assembly elections scheduled for March 11. The company attributed recent fuel queues in Abuja and other areas to restrictions on businesses and movement imposed during the presidential and National Assembly elections.
Operations have now resumed at the depots, and trucks are being dispatched to various parts of the country. Garba Muhammad, Chief Corporate Communications Officer of NNPCL, stated that the latest update released on Saturday showed a total stock of 2.1 billion litres of PMS—0.9 billion litres in land depots nationwide and 1.2 billion litres on marine vessels. This inventory represents 35 days of sufficiency as of March 4. Muhammad added that the company expects to close March with about 2.8 billion litres, equivalent to 47 days of sufficiency.
He explained that the pockets of queues in Abuja and elsewhere were largely due to the temporary business and movement restrictions implemented to facilitate the presidential and National Assembly elections, allowing Nigerians to exercise their civic rights. “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,” Muhammad said.
The NNPCL and its partners and stakeholders will continue to work together to ensure the smooth distribution of petroleum products during the governorship and state assembly elections. He urged Nigerians not to engage in panic buying.
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