Posted on: 09:06 Sat, 28 Feb 2015



The Nigerian National Petroleum Corporation has described the shortage of Premium Motor Spirit, popularly known as petrol, as “artificially induced,” warning Nigerians against panic buying.

The agency on Friday said it had injected an additional 688 million litres of the product into the system, but did not state while the addition was necessary.

Motorists on Friday were left stranded at petrol stations across the country as they spent hours on long queues waiting to buy fuel.

The queues were largely pronounced in major cities as most of the filling stations refused to sell the product without giving customers any reason why they decided not to sell