Queue for petrol at a filling station in Lagos
NNPCL Cautions Against Panic Buying Of Petrol, Says 1.5billion Litres Available
Yinka Olajoyetan, Lagos 
As the nationwide supply and distribution of Premium Motor Spirit (PMS), also known as petrol, continue to improve, the Nigerian National Petroleum Company (NNPC) Limited has once again called on motorists to shun panic buying of the product.
In a statement issued on Tuesday, the NNPCL said that queues in filling stations monitored across several states, including Lagos and the FCT, have since thinned out, a development that will keep improving daily in other States.
“The Company wishes to state that at the moment, we have over 1.5 billion litres stock of PMS, which is equivalent to over 30 days sufficiency.
“The NNPC Ltd. is also collaborating with relevant downstream agencies, such as the Nigerian Midstream & Downstream Petroleum Regulatory Authority (NMDPRA), labour unions in the sector and security operatives, to address hoarding and other unwholesome practices.
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