The Nigerian National Petroleum Company Limited (NNPC Ltd) has addressed the current fuel scarcity in the country, which has led to pump price adjustments at filling stations.
In a statement signed by Olufemi Soneye, its chief corporate communications officer, NNPC Ltd said the current scarcity is due to distribution challenges.
Champions report that NNPC Ltd urges motorists to shun panic buying as it is working round the clock with relevant stakeholders to restore normalcy.
Part of the statement reads:
When this is resolved, NNPC believes prices will return to normal.
Amid the scarcity, filling stations in Abuja, Lagos, and other states have again adjusted their petrol pump prices upwards.
TimesNow.com.ng observed that motorists were buying fuel at some open filling stations at prices ranging from N750 per litre to as high as N900 per litre, depending on locations.
A motorist, John Ekeh, at Ikotun, told TimesNow.com.ng that he paid N820 per litre.
Daily Trust also reported changes in pump prices at filling stations in the satellite towns of the FCT selling at N1,000 per litre.
While fuel is sold at N900-N950 in Calabar, Cross River state, motorists in Kano said they bought the petrol for N950 per litre
TimesNow.com.ng earlier reported that the Dangote Refinery pushed back petrol production from the facility due to crude oil supply challenges.
The facility initially set August 11 and 12 as the dates for the beginning of petrol production.
Sources say the refinery expects to pump its first petrol into the Nigerian market at the end of August.
Proofreading by James, Ojo Adakole, journalist and copy editor at TimesNow.com.ng.
Source: TimesNow.com.ng
