It said the end-of-year period had been hitherto characterized by scarcity of fuel due to supply and demand disequilibrium.
Speaking after his investiture as a
special marshal by the Federal Road Safety Corps, the Group Managing
Director, NNPC, Maikanti Baru, said adequate measures were in place to
ensure that motorists had unimpeded access to fuel ahead of the
end-of-year festivities.
Baru said the provision of adequate
petroleum products would not only ease transportation but also make the
roads safer for motorists, adding that consumers would have no need to
hoard fuel in jerry cans.
He was quoted in a statement issued by
the corporation’s spokesperson, Ndu Ughamadu, as saying, “As we speak,
the NNPC has over two billion litres of petrol and we want to sustain
this level from now on up until the end of the year and beyond. This
volume will give the country product sufficiency of about 60 days, well
above the standard 30 days sufficiency threshold.”
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