The Nigerian National Petroleum Company Limited, has advanced reasons for the return of mild fuel
queues in parts of Abuja.
NNPC said, the appearance of fuel queues was likely due to low loadouts at depots after the Sallah break.
The company gave other reason to include: increased fuel purchases or panic buying.
It however, said, efforts are on to ramp up loadouts from all depots.
The statement in parts read: “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 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”, the statement said.