Fuel Supply Stable, No Need for Panic Buying – MEMAN

The Major Energies Marketers Association of Nigeria (MEMAN), has advised Nigerians against panic buying of fuel, assuring the public of sufficient stock.

The association’s Chief Executive Officer, Mr Clement Isong, advised in a statement on Thursday in Lagos over perceived shortages in the petroleum supply 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.

“We also have a clear outlook on future supplies of all petroleum products,” Isong stated.

He highlighted that the diversification of supply and market deregulation enabled diligent marketers to plan and secure their supply needs in advance, minimising the risk of outages.