Connect with us

Hi, what are you looking for?

Business

We have 1.8bn litres of fuel for February and March – NNPC

NNPC

Nigerian National Petroleum Company (NNPC) Limited has said that it has adequate supply of Premium Motor Spirit (PMS), also known as petrol that would serve Nigerians from mid-February to March.

NNPC’s Chief Corporate Communications Officer, Garba Deen Muhammad said the plan is part of its concerted efforts to sustain the supply of petroleum products nationwide.

He said; “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.

“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.”

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

ad

You May Also Like

Tech

European Union has fined Meta nearly €800 million for violating antitrust laws by automatically granting Facebook users access to its classified ads service, Facebook...

Tech

In the lead up to Anambra Innovation Week 2024, in a landmark collaboration poised to position Anambra State as Africa’s Silicon Valley, the United...

Security & Crime

The Honourable Minister of Defence H.E Mohammed Badaru Abubakar CON mni has called on the Nigerian Airforce to intensify the use of their various...

Business

Commander Mitchell Ofoyeju, the Tincan Island Port Commander of the National Drug Law Enforcement Agency (NDLEA), has expressed his admiration for QNET for championing...