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NNPC Boss cuts short London trip as fuel queues return

By Abolaji Adebayo

The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, has cut short his trip to London as queues returned to the country’s filling stations.

Baru was due to receive the Forbes Oil & Gas Man of the Year Award 2017, on Tuesday, but had to fly back to the country because of what he called “matter of urgent national importance,” Ndu Ughamadu, the NNPC spokesman, said in a press statement.

“For the umpteenth time, I wish to call on all Nigerians to stop been panic about fuel scarcity. We have said times without number that NNPC has sufficient products to cater for the needs of all consumers,” Baru said before leaving London, according to Ughamadu.

He stated that before departing the country, the GDM had directed that more truckloads of petroleum products be dispatched to various parts of the country to cushion the effects of excessive demand caused by panic buying.

NNPC had on Monday said that there was no plan to increase the prices of petroleum products “both at the ex-depot level and pump price ahead of the forthcoming yuletide.”

The Corporation stated that the ex-depot petrol price of N133.38 per litre and the pump price of N143/N145 per litre had not changed and that there was enough stock of fuel to ensure seamless supply and distribution of products across the country.

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