The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has said that the country has enough fuel in stock.
Its disclosure was sequel to the current fuel scarcity is some parts of the country.
Mr. Farouk Ahmed, the Chief Executive Officer, NMDPRA,implored Nigerians not to engage in panic buying of petrol.
He said he had checked with the Major Oil Marketers Association of Nigeria (MOMAN) and Nigeria National Petroleum Company Ltd. (NNPC) on the level of fuel stock and confirmed that they had sufficient stock.
He added:“l spoke with the MOMAN’S Executive Secretary this morning and he told me they have sufficient stock.I have directed them to start evacuating the product immediately to filling stations.
“NNPC has also confirmed sufficiency and they have commenced evacuation.From now till tomorrow the situation will be back to normal.I don’t know what is happening but we are on top of the situation”.
He assured that there was enough fuel and, therefore, appealed to members of the public to avoid panic buying as all efforts were being made to resolve shortage in some filling stations in Lagos and its environs.