The Nigerian Midstream and Downstream Petroleum Regulatory Authority has appealed to Nigerians not to engage in panic buying of petrol, saying it has enough in stock.
The Chief Executive Officer, Regulatory Authority Farouk Ahmed, confirmed this to newsmen today in Lagos.
Ahmed said he had checked with the Major Oil Marketers Association of Nigeria MOMAN and Nigeria National Petroleum Company NNPC on the level of fuel stock and confirmed that they had sufficient stock.
Ahmed assured that there was enough fuel and, therefore, appealed to members of the public to avoid panic buying as all efforts were being made to resolve shortage in some filling stations in Lagos and its environs.
The National Operations Controller of the Independent Petroleum Marketers Association of Nigeria IPMAN, Mike Osatuyi, attributed the scarcity to unsteady supply in the past few days.
