Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPR, has urged petroleum users to avoid panic buying, noting that petroleum depots are wet with products.
Coordinator of NMDPRA in Delta State, Mr Victor Ohwodiasa, during a media chat in Warri, yesterday, maintained that “there is sufficient product that will last beyond the festive period. There is no cause for panic buying”, he reiterated.
Ohwodiasa stated that “the federal government is doing everything possible to sustain the availability of petroleum products, especially in this yuletide”.
He said, “There is no need for panic buying because all the depots are wet with products ranging from Petroleum Motor Spirit, PMS, Automotive Gasoline Oil, AGO, and Dual Purpose KerosenexDPK”.
The coordinator advised motorists not to stock fuel in the boot of their vehicles while travelling to avoid possible fire disaster.
He also urged people not to store fuel at home, noting that they are highly inflammable products.
According to him, storing petroleum products at home could endanger the life of the people and properties.
Ohwodiasa, while wishing Nigerians a merry Christmas, stressed that NMDPRA is concerned about the lives and properties of citizens, particularly that of Delta residents.
He said, “People should shun carrying petroleum products about in vehicles or storing them at homes.
“They should buy the quantity they need at a time. They should also patronise only licensed retail outlets because they are the ones we have control over.
“If there are issues, we can go after them. However, if they notice any illegal operator that does not have license or selling PMS at home, they should reach out to us.
“The authority will take immediate action and give them feedback”.
