There has been a shakeup in the Nigerian National Petroleum Corporation (NNPC).
NNPC says it is considering equity participation in private refineries in the country.
Mr Obateru said that the projection cited in the media was not a reflection of the overall financial performance of the corporation.
“We have embarked on a massive load out. Today, we trucked out 1,661 trucks from all depots across the country.”
Petrol queues persist in Abuja despite NNPC, DPR assurances
NNPC had advised motorists to stop panic buying, as it has no plan to increase the ex-depot price in March.
“NNPC has ruled out any increment in the ex-depot price of PMS in February 2021.”
The impacted section of the pipeline has been isolated and the pipeline depressurised, NNPC said.
Long fuel queues were spotted at filling stations in different parts of the country and the Federal Capital Territory yesterday.
