Business Watch
Fuel Scarcity: NNPCL Discovers Root Cause, Proffers Solution
NNPCL Unveils Root Cause of Fuel Scarcity, Vows to Restore Normalcy.
The Nigerian National Petroleum Company Limited (NNPCL) has pinpointed distribution challenges as the culprit behind the recent fuel scarcity plaguing parts of the country. In a statement released on Sunday, company spokesperson Olufemi Soneye revealed that NNPCL is working tirelessly with key stakeholders to resolve the issue and restore a steady fuel supply.
NNPC Ltd expressed regret over the fuel supply tightness in Lagos and the FCT, attributing it to distribution hurdles. The company urged motorists to refrain from panic buying, assuring that it is working around the clock to normalize the fuel supply chain.
This development comes as a relief to Nigerians who have been grappling with fuel shortages, and NNPCL’s prompt action is expected to mitigate the situation and ensure a stable fuel supply.
-
News Watch1 month ago
Remi Tinubu Initiates N1.8bn Grant to Boost Women’s Businesses, Benefiting 37,000 Nationwide
-
News Watch1 month ago
NYSC Announces August 19 Opening of CBO Portal for Cybercafe Operators
-
Police News1 month ago
Nigeria Police Force: A List of 36 State Commissioners
-
News Watch1 month ago
Aviation Sector Braces for Strike as Workers Reject 50% Revenue Cut
-
News Watch1 month ago
Tensions As Two Young Women Killed, Two Injured in Car Crash After Birthday Party [Pics]
-
Fraud Watch1 month ago
EFCC Laments As P-Square’s Peter Refuse Reporting Twin Brother Paul Over Alleged Fraud In Family
-
News Watch1 month ago
Abia Auto Crash Claims 5 Lives, 2 Babies Among Victims
-
News Watch1 month ago
Tinubu’s Green Initiative: Nigeria to Adopt Compressed Natural Gas for Commercial Vehicles [Photos]