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The Nigerian National Petroleum Corporation, NNPC, has advised the public not to engage in panic buying of Premium Motor Spirit, also known as petrol.
A statement issued by the Group General Manager of NNPC, Garba Muhammad, disclosed that the Corporation has over 1.7 billion litres of petrol in stock.
The statement revealed that more of the product is expected to arrive the country daily over the coming weeks and months, noting it was not aware of any plan by the government to cause an increase in the pump price of petroleum.
It added that NNPC is engaging all stakeholders to ensure smooth supply and distribution of products to every part of the country during the festive season and beyond.
