TheCable

Mele Kyari, group managing director (GMD) of the Nigerian National Petroleum Corporation (NNPC), has assured motorists that the corporation has over two billion litres of petrol in stock.

This was disclosed in a statement signed by Kennie Obateru, group general manager of the public affairs division, NNPC, on Tuesday.

Kyari also said the corporation has more than 60-day sufficiency of petrol in its various strategic depots across Nigeria.

He attributed the emergence of queues in some petrol stations across the country to the disruption of the free flow of vehicular movement occasioned by curfews and restrictions of movement imposed by state governments, particularly in Lagos state.

“The GMD urged motorists not to engage in panic buying of petroleum products as the NNPC has over 2 billion litres of petrol in stock to guarantee steady supply and at least 60-day-product supply sufficiency nationwide,” the statement read.

He said: “The disruptions or curtailment of free flow of vehicular movements occasioned by the ‘End SARS Protests’ and the attendant curfews, restrictions and vandalism, particularly in Lagos, obviously affected petroleum products movement and distribution.

“With the easing of the curfews and restrictions of movement by various state governors, normalcy is expected to return to the petroleum products supply chain in the next couple of days”.

Kyari further expressed NNPC’s commitment to a zero-fuel queue scenario, adding that the corporation has in place measures that would guarantee energy security for the country.