The Nigerian National Petroleum Company Limited (NNPC Ltd) on Thursday attributed logistics issues as reasons for the cause of scarcity of Premium Motor Spirit (PMS) also known as petrol in parts of the country even as 10 litres of petrol is being sold at 15,000.00 in black market in Abuja.
NNPCL in a statement signed by its Chief Corporate Communications Officer, Mr. Olufemi Soneye, however assured that issues have been resolved.
He has this expiation to give: “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.”
Due to the development, the Federal Capital Territory (FCT) Abuja witnessed long queues extending some kilometers from any filling station that have petrol.
The development left many commuters stranded with many trekking long distances to get to their destinations.
Findings shown most filling stations did not open for business since Wednesday.
