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Marketers Break Silence on Shortage of Petrol, Speak on Panic Buying [Video]

  • Petroleum marketers have assured the public that there is an adequate supply of gasoline and warned against panic buying
  • The marketers noted that all petroleum products by the NNPC and Dangote refinery have a solid supply prediction for the future
  • They added deregulation enables marketers to foresee and plan for their supply requirements, preventing shortages

Legit.ng journalist Zainab Iwayemi has 5-year-experience covering the Economy, Technology, and Capital Market.

Major petroleum marketers have cautioned against panic buying and reassured the public that there was enough supply of petrol.

Major petroleum marketers address panic buying in Nigeria. Photo Credit: ContributorSource: Getty Images

In a statement issued on Thursday, October 31, 2024, Clement Isong, the CEO of the Major Energy Marketers Association of Nigeria, said the Nigerian National Petroleum Company Limited and the Dangote Refinery have plenty of stock in their tanks.

According to Isong, there is a reliable forecast of future supplies for all …

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