Fuel Queues: NNPC cautions against hoarding products

By Post Nigeria April 15, 2015 18:17

Fuel Queues: NNPC cautions against hoarding products

The Nigerian National Petroleum Corporation, NNPC, has assured Nigerians that the queues that have been seen in the Federal capital Territory and its environs will soon be history.

In a statement signed by the Group General Manager, Group Public Affairs Division, Ohi Alegbe, the Corporation said it had “increased fuel truck-out from the Suleja depot to Abuja to ease distribution challenges.”

Alegbe however clarified that the cause of the scarcity was “artificially induced distribution challenges” from the few days lull in the loading gantries caused as a result of the recently concluded General Elections.

Alegbe said NNPC discourages members of the public from hoarding and panic buying.

While calling on members of the public to resist the temptation of hoarding, product diversion and panic buying of petroleum products, NNPC noted that it currently has enough products in strategic reserves to meet 30 days forward consumption.

Alegbe said that the NNPC had deployed a special monitoring team to check incidents and instances of products diversion by some unscrupulous marketers and ensure that appropriate sanctions are brought to bear on such unpatriotic acts.