The Federal Government says it has identified and subsequently dealt with what may have caused panic buying of petrol in some parts of Lagos and Abuja.

The Federal Government says it has identified and subsequently dealt with what may have caused panic buying of petrol in some parts of Lagos and Abuja.

Responding to the resurgence of fuel queues in Lagos and Abuja, the Chief executive Officer, CEO, of the Nigerian Midstream and Downstream Petroleum Regulatory Agency, Farouk Ahmed said methanol quantity above Nigeria’s specification was discovered in a supply chain, which has since been isolated. Ahmed said while the quality control agencies of the government have swung into the action, the Nigerian National Petroleum Corporation, NNPC, Limited and oil marketers have been directed to ensure robust supply of petroleum products.

Assuring that there is no need to panic, Ahmed said their technical team, in conjunction with NNPC and other industry stakeholders will continue to monitor and ensure quality products are adequately supplied and distributed nationwide.