Would you like to receive notifications on latest updates of the following headlines?

NNPCL  Advises Against Panic Buying of PMS, 1.5bn litres available

POSTED ON May 7, 2024 •   Breaking News      BY Abiodun Saheed Omodara •   VIEWS 198
NNPC Filling Station l credit: @Imranmuhdz l Source: X

The Nigerian National Petroleum Corporation  (NNPC) Limited,has  advised against panic buying  of fuel  assuring that it currently holds a 30-day reserve of over 1.5 billion litres of PMS.

 It's Chief Corporate Communications Officer, Olufemi Soneye, said  NNPCL continues to urge drivers to avoid panic purchasing of Premium Motor Spirit (PMS), also known as petrol, as the supply and distribution across the country improve.

Reports from various states, including Lagos and the FCT, show that queues at filling stations have reduced, and this trend is expected to continue in other states.

NNPCL  emphasizes that it currently has a stock of over 1.5 billion litres of PMS, ensuring over 30 days of supply. NNPC Ltd. is working in partnership with relevant downstream agencies, such as the Nigeran Midstream & Downstream Petroleum Regulatory Authority (NMDPRA), labor unions in the sector, and security forces to address hoarding and other unethical practices.

RECOMMENDED FOR YOU
Tinubu eyes livestock sector reform, investment to curb farmer-herder clashes
BY Abiodun Saheed Omodara November 22, 2024 0

President Bola Tinubu has reaffirmed his administration’s commitment to resolving the farmer-h...

RECOMMENDED FOR YOU
Katsina Govt. applauds  NAF  strike against bandits, vows to sustain regional stability
BY Abiodun Saheed Omodara November 22, 2024 0

KATSINA – The Katsina State Government has commended the Nigerian Air Force (NAF) for successf...

RECOMMENDED FOR YOU
Breaking : Supreme court voids National Lottery Act
BY Abiodun Saheed Omodara November 22, 2024 0

The Supreme Court, on Friday, nullified the National Lottery Act 2005 enacted by the National Assemb...

RECOMMENDED FOR YOU
ECB's renews integration call as trade war looms
BY Abiodun Saheed Omodara November 22, 2024 0

European Central Bank, President Christine Lagarde renewed her call for economic integration across...

RECOMMENDED FOR YOU
FAO aims key outcomes at COP16 Saudi Arabia
BY Abiodun Saheed Omodara November 22, 2024 0

The assistant Director-General of the Food and Agriculture Organization (FAO), Dr. Abdul Hakim Elwae...

RECOMMENDED FOR YOU
Illegal detention: Bizman slams N50m suit on NDLEA
BY Benedicta Bassey November 22, 2024 0

NIGERIA — A businessman, Damilare Samuel, has slammed the National Drug Law Enforcement Agency...

RECOMMENDED FOR YOU
Appeal Court invalidates verdict against Rivers LG election
BY Benedicta Bassey November 22, 2024 0

ABUJA, Nigeria —The Court of Appeal, sitting in Abuja has nullified the judgement that prevent...

RECOMMENDED FOR YOU
Man in Police net for defiling, impregnating 15-yr-old daughter
BY Benedicta Bassey November 22, 2024 0

CALABAR, Nigeria —A 48-year-old man, Mallam Adamu Umaru, was paraded by the Zone 6 Police Comm...

OUR CHANNELS:

OTHER ARTICLES ::

25th November, 2024
Tinubu eyes livestock sector reform, investment to curb farmer-herder clashes
BY Abiodun Saheed Omodara November 25, 2024 0

President Bola Tinubu has reaffirmed his administration’s commitment to resolving the farmer-h...


Katsina Govt. applauds  NAF  strike against bandits, vows to sustain regional stability
BY Abiodun Saheed Omodara November 25, 2024 0

KATSINA – The Katsina State Government has commended the Nigerian Air Force (NAF) for successf...


Breaking : Supreme court voids National Lottery Act
BY Abiodun Saheed Omodara November 25, 2024 0

The Supreme Court, on Friday, nullified the National Lottery Act 2005 enacted by the National Assemb...


ECB's renews integration call as trade war looms
BY Abiodun Saheed Omodara November 25, 2024 0

European Central Bank, President Christine Lagarde renewed her call for economic integration across...


China expands Visa-free entry to more countries to boost economy
BY Abiodun Saheed Omodara November 25, 2024 0

On Friday, China announced that it would expand visa-free entry to citizens of nine more countries a...


FAO aims key outcomes at COP16 Saudi Arabia
BY Abiodun Saheed Omodara November 25, 2024 0

The assistant Director-General of the Food and Agriculture Organization (FAO), Dr. Abdul Hakim Elwae...


Illegal detention: Bizman slams N50m suit on NDLEA
BY Benedicta Bassey November 25, 2024 0

NIGERIA — A businessman, Damilare Samuel, has slammed the National Drug Law Enforcement Agency...


Appeal Court invalidates verdict against Rivers LG election
BY Benedicta Bassey November 25, 2024 0

ABUJA, Nigeria —The Court of Appeal, sitting in Abuja has nullified the judgement that prevent...


Man in Police net for defiling, impregnating 15-yr-old daughter
BY Benedicta Bassey November 25, 2024 0

CALABAR, Nigeria —A 48-year-old man, Mallam Adamu Umaru, was paraded by the Zone 6 Police Comm...


Trump picks Pam Bondi as Attorney General following Gaetz withdrawal
BY Benedicta Bassey November 25, 2024 0

WASHINGTON, United States  — US President-elect Donald Trump has nominated Pam Bondi, a v...


Menu