Wednesday, June 3, 2026
26.2 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
spot_img

Hot this week

Former Power Minister, Barth Nnaji, to Grace SUPERNEWS Confab as Special Guest of Honour

The Chairman, Geometric Power Limited and former Nigerian Minister...

IFC, NGX Group, LCCI Unveil Nigeria Gender Country Program at CEO Roundtable

The International Finance Corporation (IFC), Nigerian Exchange Group (NGX...

NAICOM Chief Leads Delegation to Abia State, Pledges Partnership on Policyholders Protection, Economic Growth

The Commissioner for Insurance, National Insurance Commission (NAICOM), Mr....

BGT Awards Contracts for Three Newbuild LNG Vessels

Bonny Gas Transport Limited (BGT), a subsidiary of Nigeria...

Topics

NCDMB Debunks Alleged N7.7bn Expenditure on Consultancy

The Nigerian Content Development and Monitoring Board (NCDMB) wishes...

MAAN Commends Unity Bank for Supporting Maize Farmers

From left: Mrs. Patricia Ahunanya, Head, Agribusiness, Unity Bank...

Global Communicators Set for 2018 WCF Forum in Geneva

Communications experts, top managers, and local market leaders, amongst...

Chain Reactions Africa Names Franklin Ozekhome as Executive VP, Strategy & Innovation

As part of its digital transformation programme, Chain Reactions...

UN: Digital Payments to Ebola Workers Saved Lives, $10m

Mobile phones serving as "digital wallets" for payments to...

Kaspersky Offers Free Security for Medical Firms over COVID-19

  Kaspersky announces free availability of its core endpoint security...

NCDMB Holds Retreat with Senate Committee on Local Content, Seeks Close Collaboration

Cross-section of NCDMB management and members of the Senate...
spot_img

Related Articles

Popular Categories

spot_imgspot_img