Fuel queues, which disappeared from the nation’s capital in the past two weeks, resurfaced on Monday, and worsened on Tuesday.
As the hardship worsened, the Nigerian National Petroleum Corporation claimed Tuesday it has adequate stock of petroleum products.
Queues of anxious motorists began to build outside most filling stations in the Federal Capital Territory on Monday apparently as reports filtered in over the weekend about signs of scarcity in Lagos and environs.
On Tuesday, the situation appeared to have worsened, as the queues outside major filling stations became longer than the previous week.
In its reaction, the NNPC on Tuesday said it had stepped up efforts to maintain stability in the supply and distribution of products nationwide.
Group Public Affairs Division of the corporation, Ohi Alegbe, warned consumers against panic buying, saying there was sufficient stock of products to last at least 25 days.
“The corporation has enough stock of petrol to service the country for 25 days at a national consumption rate of 40 million litres per day,” Mr. Alegbe said in a statement.
“We have also stepped up product distribution to petroleum marketers and NNPC retail outlets across the country,” he added.
While calling on members of the public to refrain from panic buying, the NNPC said the stock of petrol at its coastal depots in Port Harcourt, Warri and Calabar, besides the stock it holds in the national strategic reserves, was enough to meet the need of consumers.
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