The Nigerian National Petroleum Company Limited (NNPC Ltd.) has issued a statement addressing the recent tightness in the supply of Premium Motor Spirit (PMS), commonly known as petrol, across certain regions of the country. According to NNPC Ltd., the supply constraints were primarily caused by logistical challenges, but they have since been resolved.
In its clarification, NNPC Ltd. emphasized that despite the temporary disruption, there will be no changes in the prices of petroleum products. This assurance comes amid concerns over potential price fluctuations due to supply disruptions.
The statement further urged Nigerians to refrain from panic buying, as there is an adequate supply of petroleum products available in the country. NNPC Ltd. reassured the public that measures have been put in place to ensure the continuous availability of fuel across all regions.
The announcement from NNPC Ltd. aims to alleviate concerns among consumers and prevent unnecessary hoarding or panic buying behavior. It underscores the importance of effective logistical management in maintaining a stable fuel supply chain.
As the nation navigates through these logistical challenges, NNPC Ltd. remains committed to ensuring the seamless distribution of petroleum products and maintaining price stability for the benefit of all Nigerians.
