The Nigeria National Petroleum Company limited says it has over 1.5 billion litres stock of PMS, which is equivalent to over 30 days sufficiency.
A statement by its Chief Corporate Communications Officer, Olufemi Soneye explained that with the improvement in the nationwide supply and distribution of Premium Motor Spirit (PMS), also known as petrol, Company once again urges motorists to shun panic buying of the product.
It says filling stations monitored across several states, including Lagos and the FCT, the queues where thinning out, a development that will keep improving daily in other States.
The NNPC Ltd. 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.
RN
