Mr Reginald Stanley, the Executive Secretary of the Petroleum Products Pricing Regulatory Agency (PPPRA), on Saturday assured Nigerians of steady fuel supply.
A statement issued in Abuja by Mr Lanre Oladele, the Public Relations Officer of PPPRA, quoted Stanley as saying that the NNPC and other marketers had sufficient fuel in stock.
The statement said that the agency gave the assurance to remove the fears created in the minds of the public that there might be fuel scarcity.
It said that the agency, however, expressed regret that some marketers usually hoarded petroleum products so as to make profit during festive periods.
“We wish to assure Nigerians that there is steady trucking out of products across the country and the trend shall continue without any hindrance,’’ the statement said.
It also said that the National Petroleum Products Stock Data indicated that the country had been consistent with land-based stock and supply.
“Daily products discharged by vessels at the depots nationwide also indicate that more than 200 million litres of fuel were discharged as at Dec. 31, 2013,’’ it stated.
The statement, therefore, urged the public to ignore any publication on “looming fuel scarcity’’, insisting that there was enough fuel in all the depots to service retail outlets nationwide.