NNPC Allays Petrol Scarcity Fears as Festive Season Approaches

The Nigerian National Petroleum Corporation (NNPC) has assured motorists and other consumers of availability of petroleum products during the festive period.

This was contained in a statement Wednesday by its Group Managing Director, Dr. Maikanti Baru, who said that the NNPC has 37 days fuel sufficiency of which strategies had been put in place to ensure that Nigerians experience a hitch-free festive period.

Besides, the Corporation has warned petroleum products consumers across the nation against mishandling of white products as the dry season draws near in the country.

The NNPC Group General Manager, Group Public Affairs Division, Mr. Ndu Ughamadu, in the statement said that experience had shown that commuters stock petroleum products at home or move about with them in their vehicle boot at this period of the year, thereby exposing themselves and others to serious danger.

Meanwhile, the corporation noted that exports of the four largest grades of Nigeria’s crude oil will rise to 879,608 barrels per day in December, the highest since April this year.

These major crude grades are Forcados, Bonga, Bonny Light and Qua Iboe crude streams, as shown by loading schedules yesterday.

Also, the supply of Nigerian crude looks set to continue rising into the end of the year, according to Reuters report.

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