Petrol scarcity: NNPC blames marketers

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The Nigerian National Petroleum Corporation (NNPC) has blamed the current petroleum scarcity in the country on marketers of the product.

The Group Managing Director of the company, Maikanti Baru, in a statement made through the NNPC Spokesman, Mr. Ndu Ughamadu, also said that part of the problem was the rumours about purported planned increase in the pump price of petrol.

Group Managing Director of the NNPC, Dr Maikanti Baru

He stated that some marketers, in their quest to cash in on the situation, suddenly started hoarding products.

“But we swiftly swung into action by doubling our supply nationwide. At the time the rumour started, we had about 30-day sufficiency.

“The normal daily supply to the nation is 700 trucks, equaling about 27-30 million litres per day,’’ Baru said.

He assured that the corporation had doubled its daily supply of petrol, from daily 700 trucks…



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