The Nigeria National Petroleum Corporation has commenced loading of trucks at all depots to clear the current scarcity experienced across the Country. Adding that there was the availability of 1.7 billion litres of petrol currently in stock.

The NNPC, Group Managing Director, Malam Mele Kyari, made this known to journalists in Abuja shortly after a meeting with the National Union of Petroleum and Natural Gas Workers and Petrol Tanker Drivers among others.

Kyari said that this will ensure that scarcity created by panic buying will now be freed so that normalcy will return to filling stations.
He said that neither the Federal Government nor the NNPC had any plan to raise the pump price of petrol.

He urged marketers to ensure that they sell petrol at the price approved by the government, adding that the stakeholders had agreed that NNPC should carry out necessary sanctions on any found selling petrol above the approved price including the refusal to sell PMS to stations or depots.

He equally noted that it would carry out necessary sanctions allowed by law on any defaulting depot owner to ensure that Nigerians would continue to buy the product at the approved price.

He, however, apologised for the pains Nigerians were experiencing at fuel stations and appealed to consumers to avoid panic buying and to buy only the quantity they needed at fuel outlets.