Business News
”Stop panic buying, there Is enough fuel in circulation – NUPENG
The Nigerian Union of Petroleum and Natural Gas Workers (NUPENG) has advised Nigerians to stop panicking on rumours of fuel subsidy and an increase in the pump price.
A statement released a signed by the NUPENG South West Chairman, Tayo Aboyeji, states that Nigeria has enough petrol and diesel circulating in every state.
“Nigerians should stop spreading and listening to rumours of government removing fuel subsidy and increasing the pump price of fuel. We are not aware of such move, there is enough fuel in circulation and no increase has been made so far, ” Aboyeji said
The NUPENG boss cautioned Nigerians of the impending dangers of storing and stockpiling fuel at homes and shops, especially during this hot weather.
“Careless storage of fuel can lead to fire disaster both in the house or in the car,” Aboyeji advised.
Most fuel stations in many parts of the country have been thronged by anxious Nigerians buying petroleum products to store at home.
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