Sunday, December 21, 2025
29.9 C
Lagos

Again, NNPC Cautions Against Panic Buying, Says 30-Days PMS Sufficiency Intact

As the nationwide supply and distribution of Premium Motor Spirit (PMS), also known as petrol, continue to improve, the Nigerian National Petroleum Company (NNPC) Limited has once again called on motorists to shun panic buying of the product.

In filling stations monitored across several states, including Lagos and the FCT, the queues have since thinned out, a development that will keep improving daily in other States.

The company wishes to state that at the moment, it has over 1.5 billion litres stock of PMS, which is equivalent to over 30 days sufficiency.

The NNPC is also collaborating with relevant downstream agencies, such as the Nigeran Midstream & Downstream Petroleum Regulatory Authority (NMDPRA), labour unions in the sector and security operatives to address hoarding and other unwholesome practices.

spot_img
spot_img
spot_img

Hot this week

Fidelity Bank Enhances Maternal and Child Healthcare Delivery at ESUTH

L-R: Public Relations Officer, Enugu State University Teaching Hospital...

Polaris Bank Champions Girls’ Hygiene Awareness with Female Hygiene Essentials in Schools

Polaris Bank has continued its commitment to empowering the...

Sterling Bank Champions Collective Action to Accelerate Nigeria’s Renewable Energy Transition

L-R: Mr. Ayo Ademilua, President, Renewable Energy Association of...

BUA Foods Hosts Minister of State for Industry, NSDC on Tour of LASUCO Sugar Company  

  BUA Foods Plc recently hosted the Hon. Minister of State for Industry,...

PenCom Unveils PenCare Initiative for Retirees Across Nigeria

The National Pension Commission (PenCom) has established the PenCare...

Topics

Ecobank is Supporting Financial Inclusion via Xpress Points

Ecobank Nigeria says its agency banking scheme, also known...

Stanbic IBTC: More Winners Emerge in Reward4Saving Promo

Stanbic IBTC Bank Plc, a subsidiary of Stanbic IBTC...

Sterling Bank Partners NJFP to Sponsor Training of 1,000 Fellows

Sterling Bank Plc has partnered with Nigeria Jubilee Fellows...

Nestlé: ‘More Women in the Workplace Make Business Sense’

Nestlé has launched an ambitious Gender Balance Acceleration Plan ‘From...

GOCOP Congratulates Soneye, NNPCL’s New Spokesman, Enugu Commissioner Agbo, Others on Appointments

  The Guild of Corporate Online Publishers (GOCOP) has congratulated Mr....

CEO Mworia: ‘Give Yourself Permission to Succeed in Business’

James Mworia is one of Kenya’s most respected business leaders. At 37, he is CEO of Centum, an East African investment company with interests in a variety of sectors, including energy, real estate, financial services and fast-moving consumer goods. Mworia is credited with transforming the company, set up in 1967, by championing investments in new sectors and expanding its geographical reach. Earlier this month, Mworia spoke at an Entrepreneurship Boot Camp in Nairobi organised by talent management company, Africa Talent Bank.

World Bank: Education Without Learning Threat to Development

Millions of young students in low and middle-income countries...
spot_img

Related Articles

Popular Categories

spot_imgspot_img