(Ecofin Agency) - As a way of curbing the ongoing fuel scarcity in Nigeria, the Nigerian National Petroleum Corporation (NNPC) has announced the commencement of a 24 hour fuel supply in its depots nationwide.

The Executive Director, Commercial of the Pipelines and Product Marketing Company (PPMC), Justin Ezeala stated that the company has obtained extended hours of operations for security purpose. “We are going to start from about 5am and sell till about 9/10pm”, he said. Not less than 50 trucks loaded with Petrol were sent to various filling stations in Abuja today.

Ezeala advised the masses to abstain from panic buying or hoarding of product as he is confident that there is enough petrol to serve the country for the next 35 days.

“We currently have within our depot 66m litres of PMS, we have our partner depot which is the private depot 118m litres of PMS, marine stock 428m litres and then the major marketers have about 44m litres. These gives us a total of 657m litres and based on our daily consumption estimate of 40m litres, we are looking at about 16-and-half day’s sufficiency”, he told PM News.