Fuel Scarcity: NNPC GMD rush back to Nigeria as fuel queues return

Fuel Scarcity: NNPC GMD rush back to Nigeria as fuel queues return

Maikanti Baru, the group managing director of the Nigerian National Petroleum Corporation (NNPC), has cut short his trip to London, UK, as queues returned to the country’s filling stations.

Baru was due to receive the Forbes Oil & Gas Man of the Year Award 2017 on Tuesday but had to fly back to the country because of what he called “matter of urgent national importance”, Ndu Ughamadu, the NNPC spokesman, said in a press statement.

“For the umpteenth time, I wish to call on all Nigerians to stop panic buying. We have said times without number that NNPC has sufficient products to cater for the needs of all consumers,” Baru said before leaving London, according to Ughamadu.

Before departing the country, Baru had directed that more truckloads of petroleum products be dispatched to various parts of the country to cushion the effects of excessive demand caused by panic buying, Ughamadu said.

NNPC had on Monday said that there was no plan to increase the prices of petroleum products  “both at the ex-depot level and pump price ahead of the forthcoming yuletide”.

The NNPC said that the ex-depot petrol price of N133.38 per litre and the pump price of N143/N145 per litre had not changed and that there was enough stock of fuel to ensure seamless supply and distribution of products across the country.

Website design in Abuja


follow us on twitter @aljazirahnewsng
Like us on Facebook @aljazirahnewsng

Share This:

Related Posts

Reps givse 24 hours ultimatum for Intels to pay dues owed FG The house of representatives ad hoc committee on the treasury single account (TSA) has ordered the management of Intels to remit the funds accrued from its pilotage service contract with the federal government within 24 hours. The lawmakers gave the directive at a public hearing which held on Wed...
Fayose probe panel submits report, wants ex-Gov Fayemi to ac... The Judicial Commission of Inquiry set up by Governor Ayodele Fayose to probe the financial transactions of the state under the administration of Dr. Kayode Fayemi has said that the former governor must account for the whereabouts of N2.75 billion. The commission said that the N2.75 billion was a...
Citizens know Shettima is ‘Boko Haram boss’, and ‘keeper of ... A former governor of Borno State and erstwhile national chairman of the Peoples Democratic Party (PDP), Senator Ali Modu Sheriff, has described his successor and incumbent Governor Kashim Shettima as “boss” to terrorist Boko Haram sect and keeper of the abducted Chibok school girls. The statement...
Civil servant to forfeit 86 vehicles, four houses to FG The High Court of the Federal Capital Territory in Apo, Abuja, has ordered that 86 luxury vehicles, together with four houses and a quarry plant in Abuja, belonging to a civil servant, Mr. Ibrahim Tumsah, be temporarily forfeited to the Federal Government. The luxury  vehicles were allegedly seiz...
FG: Lagos-Ibadan rail line to be completed December 2018 The Minister of Transportation, Rotimi Amaechi, has said that the Lagos-Ibadan standard gauge rail line would be completed in December 2018 and set for commissioning in Jan 2019. Amaechi said this at the end of the year news briefing and inspection of Lagos-Ibadan standard gauge rail line in Papa...
Police dismiss three officers ‘involved in drug trafficking’... The Kogi state police command has dismissed three of its officers for their alleged involvement in the trafficking of 30 bags of weeds suspected to be Indian hemp. Willaim Aya, the command’s public relations officer, who confirmed this on Wednesday, said the officers have been handed over to the ...
CSOs call for halt to NGO Bill, recall of House of Reps memb... By Yemi Esho, Abuja A group of civil society organizations, under the aegis of Global Rights Nigeria, has called for a stop to the process of passing a bill for an Act to provide for the establishment of the Non-Governmental Organizations Regulatory Commission to supervise, coordinate and monitor n...
CBN injects $210m into currency market The interbank window of the nation’s foreign exchange market on Tuesday received a boost of $210m from the Central Bank of Nigeria. The interventions were made at the wholesale, the Small and Medium-scale Enterprises, and invisibles segments of the market. The Acting Director, Corporate Commun...
ACE organizes business empowerment for women By Yemi Esho, Abuja A non-profit making organisation, the Assisting, Caring and Empowering (ACE) Charity, Abuja whose core objective is sustaining, realizing and making differences in the lives of Africans has organized the second phase of its Business Empowerment Program for Women (BEPW) in ...
#EndSARS: Senate begins probe of SARS The senate on Tuesday resolved to investigate the activities of the special anti-robbery squad (SARS). The upper legislative arm mandated its committee on security to look into the allegations of brutality against SARS operatives and present recommendations within two weeks. The move followed ...
GE, Mainstream sign N8.3bn Kainji power plant contract Mainstream Energy Solutions Limited has injected a fresh $26m (N8.3bn) investment into the Kainji Hydro Power Plant to rehabilitate its Hydro Turbine Generator unit. The agreement for the rehabilitation project was signed with General Electric in Abuja. With the rehabilitation expected to be c...
NUPENG seeks end to fuel scarcity in Abuja, states The Nigeria Union of Petroleum and Natural Gas Workers has urged the management of the Nigerian National Petroleum Corporation not to relent in its efforts to tackle the scarcity of petroleum products, particularly Premium Motor Spirit, in the Federal Capital Territory and some states across the cou...
FG hands over Lagos Presidential Lodge to Ambode (PHOTOS) The federal government has handed control of the presidential lodge in Lagos to governor Akinwumi Ambode.