The Nigerian National Petroleum Corporation (NNPC) says petrol it has in storage is sufficient to serve the nation for more than 30 days.

So, Nigerians, especially motorists do not need to engage in panic buying of any petroleum products.

NNPC Spokesman, Mr Ndu Ughamadu, released a statement on Thursday in Abuja after observing noticeable queues in some fuel stations, especially in Abuja.

“Motorists are advised to report any marketer selling above N145 per litre of petrol or hoarding the products to the Department of Petroleum Resources (DPR) which is statutorily empowered to deal with such issues.

“DPR has offices located in all parts of the country and law enforcement agencies would mete out appropriate sanctions to operators of fuel stations who engage in hoarding or sell products above the recommended band,” Ughamadu said.

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