THE Nigerian National Petroleum Corporation, NNPC, has advised consumers of petroleum products across the country not to engage in panic buying as a result of the fire incident which occurred in the wee hours of Saturday, July 15, at a tank farm at Calabar Free Trade Zone, CFTZ, in Cross Rivers State.

NNPC has assured that the unfortunate fire incident at a private tank farm had not affected its operations, and that its stock holding was robust.

“NNPC has over 40 day-sufficiency for petrol, and adequate volumes of diesel and kerosene to meet consumers’ demand nationwide, therefore it is pointless to engage in panic buying”, a statement issued by Ndu Ughamadu, group general manager, Group Public Affairs Division of NNPC, said.

It stated that Maikanti Baru, NNPC group managing director, who received briefs on the incidents, expressed regrets over the unfortunate loss of life in the inferno.

He also consoled the families of those who lost their loved ones in the incident, advising communities in areas of oil and gas operations area to always exercise caution and be vigilant at all times.

—  Jul 17, 2017 @ 18:15 GMT