The federal government has said the fixed pump price of petrol remains one hundred and sixty-five naira per litre as stipulated in the petroleum product pricing template.

The government also advised Nigerians against panic buying, saying that the country currently has over two billion litres of the product in various depots.

The Independent Petroleum Marketers Association of Nigeria had on Monday advised its members to adjust petrol pump price to a minimum of N180 per litre.

Meanwhile, the queues are getting longer in filling stations across the country as Nigerians struggle to get fuel amid scarcity.