Home Business 1.8bn Litres of Fuel Available For Feb, March — NNPCL

1.8bn Litres of Fuel Available For Feb, March — NNPCL

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The Nigerian National Petroleum Company (NNPC) Limited says it has put in place a “robust” plan for the supply of Premium Motor Spirit (PMS), also known as petrol, from mid-February to March.

The company said in a statement on Monday that the plan is part of its concerted efforts to sustain the supply of petroleum products nationwide.

“Latest updates released on Monday show that NNPC Limited has a total of 1.805 billion litres of PMS stock, representing 805.35 million litres in all the land depots nationwide and 1,000.20 million litres on marine vessels, which is equivalent to 30.09 days sufficiency,” the statement reads in part.

“An additional PMS supply of 884 Million Liters is also expected into the country by 28th February, 2023

“For March 2023, a total of 2.3 billion litres of PMS is expected into the country, while about 2.5billion litres, which is equivalent to 42 days sufficiency, will be the closing stock for the month under review”, the statement read.

The oil firm assured motorists that it has adequate and sufficient volumes on all land depots as well as marine vessels.

It said as the provider of energy security for Nigeria, it would continue to sustain availability of petroleum products across the country.

Channels Television reports that the Group CEO, NNPCL, Mele Kyari, recently apologised to Nigerians for the months of pains caused by the persistent nationwide fuel scarcity, assuring the public that the “glitch” would be resolved.

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