By Favour Ajibade
Nigeria has enough fuel to sell, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) Chief Executive officer, Mr Farouk Ahmed has said.
This is coming on the heels of the on-going scarcity of petroleum products in the country.
He urged Nigerians not to engage in panic buying of petrol, as the country has enough fuel in stock.
According to him,the Major Oil Marketers Association of Nigeria (MOMAN) and Nigeria National Petroleum Company Ltd. (NNPC) have enough fuel in stock, advising Nigerians not to entertain fears over the issue.
He added:“l spoke with the MOMAN’S Executive Secretary this morning and he told me they have sufficient stock.I have directed them to start evacuating the product immediately to filling stations.
“NNPC has also confirmed sufficiency and they have commenced evacuation.From now till tomorrow the situation will be back to normal.I don’t know what is happening but we are on top of the situation”.
He 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.
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