NNPC allays fear over fuel scarcity at Yuletide

NNPC-Towers21 November 2013, Abuja – The Nigerian National Petroleum Corporation (NNPC) has assured that petroleum products will be available during Christmas, urging that motorists should not engage in panic buying.

Speaking yesterday after he inaugurated state-of-the-art Health, Safety and Environment (HSE) facility in Abuja, NNPC Group Managing Director (GMD), Andrew Yakubu, cautioned Nigerians over panic buying of petrol, saying the corporation has a stock of petroleum products that is sufficient for over 35 days.

He said NNPC is “very prepared for the Yuletide. We have more than enough stock. As we speak, we have over 35 days stock. Between now and Christmas, even if we do not bring in products at all, we have enough to go round the country. Let me cease this opportunity to call on all Nigerians not to panic.

“We are properly positioned in terms of stock at our various distribution outlets to support petroleum distribution”.
He said in line with the organisation’s Corporate Social Responsibility, NNPC will share the benefits of the HSE facility with its publics.
“This facility will not be limited to NNPC alone. But we do not pray for emergency, but when it comes, of course, we are available to support the Fire Service to combat the emergency situation,” he said.

The Group Managing Director (GMD) of NNPC, Andrew Yakubu refused to comment on the privatisation of refineries in 2014.
When asked to comment on the proposed privatisation of the refineries as announced in London by the Minister of Petroleum Resources, Mrs. Diezani Alison- Madueke, the NNPC boss quietly walked out on the reporters.

About the Author