NNPC has assured Nigerians of enough fuel supply following the reappearance of queues at filling stations in Abuja.
NNPC boss Mele Kyar says the Petroleum Industry Act (PIA) will attract more business investments and tackle the fiscal issues the sector has been struggling with.
The NNPC boss said 2.3 billion litres of petrol was expected into the country soon to augment the existing 1.7 billion litres.
Prior to its passage, the Petroleum Industry Bill generated a lot of furore among people who believes it short-changes oil-producing communities in the South.
“We must do this work before we go on recess and we must do it thoroughly,” the speaker said.
The Nigerian National Petroleum Corporation (NNPC) says Nigeria is losing millions of litres of petrol daily to smugglers.
