First, the Nigeria National Petroleum Corporation, NNPC doesn't want you to engage in panic buying of petrol because of any supposed impending scarcity.

Already some consumers have begun a countdown to the depot shutdown by the Depot and Petroleum Products Marketers Association of Nigeria, DAPPMAN from Monday.

But the corporation insists there is no need for panic buying, as it is countering the impact of any depot shutdown with 2.6 billion litres of petrol and 90,000 metric tonnes of diesel.

It said the stock is expected to last 52 days, even if no single drop of products is imported.

NNPC Group General Manager, Group Public Affairs, Ndu Ughamadu, gave the assurances on Sunday night.

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Ughamadu said the shutdown would not affect products distribution as NNPC has ordered all its depots across the country and those of bulk purchase Marketers it recently entered agreements with to undertake 24-hour operations to avert any shortages in products distribution in the country.

“All NNPC depots, Petroleum Products Marketing Company (PPMC) throughput partner depots, the Major Marketers depots and depots of Depot and Petroleum Products Marketers Association of Nigeria (DAPMAN) members who signed the Bulk Purchase Agreement, BPA, with PPMC as well as NNPC Retail stations, Major Marketers Association of Nigeria (MOMAN) and Independent Petroleum Marketers Association of Nigeria (IPMAN) filling stations, will continue to operate at maximum levels to ensure uninterrupted distribution of petroleum products nationwide,” Ughamadu stated.

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