The News Desk
Business

No Petrol Supply Issues, Says NNPCL

The Nigerian National Petroleum Company Limited (NNPCL) has confirmed products, especially the Premium Motor Spirit (PMS) petrol are readily available.

Its Chief Communications Officer, Mr. Olufemi Soneye, who made this clarification to The Nation in a text message, added that the company had no issues with the supply of the product.

The spokesman recalled there were distribution glitches in Lagos that the company had since settled.

He said: “We are pleased to confirm that there are no supply issues and our products remain readily available. The recent tightness experienced in certain areas was due to a brief distribution issue in Lagos, which has since been resolved.”

Soneye’s explanation came on the heels of the recent scarcity of the product in some States of the Federation.

The Nation observed that the product was available in the Federal Capital Territory (FCT) on Tuesday.

But owing to its exorbitant cost of N670 per litre in most independent retail outlets, the demand was low.

Besides, the few NNPCL retail outlets, which vended the product for N617 per litre, recorded higher demand than their independent counterparts.

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