The Major Energies Marketers Association of Nigeria (MEMAN) has urged Nigerians to avoid panic buying, reassuring the public that fuel supplies remain stable and adequate.
In a statement released on Thursday in Lagos, MEMAN’s Chief Executive Officer, Mr Clement Isong, addressed concerns over perceived shortages in the petroleum market.
“MEMAN assures the public and all stakeholders that we have significant stocks of products in our tanks and access to supplies from our partners, including Dangote Refinery and NNPC Trading Limited,” he said.
“We also have a clear outlook on future supplies of all petroleum products,” Isong added.
He explained that the diversification of supply channels and market deregulation have empowered diligent marketers to plan and secure their supply needs ahead of time, reducing the risk of shortages.