The Managing Director of Capital Oil and Gas, Dr Ifeanyi Ubah has advised Nigerians against panic buying of Premium Motor Spirit, PMS, also known as fuel.
He also disclosed that the Nigerian National Petroleum Corporation (NNPC), has imported enough of the product to end the lingering scarcity ravaging the country.
A Facebook page post yesterday by Ubah read: “This is to inform our valued customers and the general public that NNPC has brought enough fuel cargoes into the country.
“Consequently, Capital Oil has commenced massive 24hours loading in a bid to meet NNPC’s target of eliminating fuel queues nationwide within the next few days.
“We also wish to discourage Nigerians from panic buying & hoarding while calling on everybody to stop patronizing the activities of black marketers.”