The Nigerian National Petroleum Cooperation, NNPC has revealed why fuel queues resurfaced in some parts of Abuja, the federal capital territory, FCT.
According to the cooperation, the "sudden appearance of fuel queues" isn't unconnected to the low loadouts at depots as witnessed during holidays (Sallah holidays).
In terse statement issued by the NNPC on Sunday night, they stated that another cause of the queue is as a result of the increase in purchase and urged residents not to engage in panic buying because they have enough supply
The statement reads:
"The NNPC Ltd notes the sudden appearance of fuel queues in parts of Abuja. This is very likely due to low loadouts at depots which usually happen during long public holidays, in this case, the Sallah celebrations.
"Another contributing factor to the sudden appearances of queues is the increased fuel purchases which is also usual with returning residents of the FCT from the public holidays.
"NNPC and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (@NMDPRAtweets) in conjunction with our marketing partners have taken necessary measures to ramp up loadouts from all depots.
"We assure all residents of the FCT, and indeed all Nigerians, that we have ample local supplies and national stock in excess of 2.5 billion liters, with sufficiency of more than 43 days.
"The NNPC Ltd hereby advises motorists not to engage in panic buying as supplies are adequate as will become increasingly evident in the coming days."
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NNPC is no longer a Corporation. It is not even a “Cooperation” as your report showed.
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