NNPC

Labour strike: Fuel scarcity fear heightens, NNPC cautions against panic buying

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The Nigerian National Petroleum Corporation (NNPC) on Wednesday cautioned consumers of petroleum products against panic buying as the planned nationwide strike by the Nigeria Labour Congress (NLC) heightened fears over possible hiccups to free supply of the products.

Group Managing Director of the corporation, Dr. Maikanti Baru, who made the caution on Wednesday, appealed to motorists and other consumers of petroleum products across the country not to engage in panic buying of products over the Nigeria Labour Congress (NLC) planned industrial action.

The Federal Government, Dr. Baru said in a release by NNPC Group General Manager, Group Public Affairs Division, Mr. Ndu Ughamadu, was seriously engaging the NLC on the issues raised.

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Ughamadu quoted the NNPC GMD as affirming that the Nation had 37- day petroleum Premium Motor Spirit (PMS), otherwise called petrol, self- sufficiency, assuring that all the NNPC’s depots across the country, including the private ones engaged by the corporation on throughput basis, have an abundance of petroleum products to meet the needs of Nigerians.

The statement said all NNPC depot managers have been instructed to intensify products loading and other activities in their depots to avert any fallout of developments in respect of the NLC’s proposed strike.

Dr. Baru explained that the NNPC would continue to meet the products consumption needs of all Nigerians wherever they may be within the shores of the country.

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