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Your email address will not be published.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

The .ng domain name, Nigeria’s country code top-level domain (ccTLD), is the nation’s critical resource in the digital space, says Adesola Akinsanya, the president...

Tech

President Joe Biden signed a foreign aid package that includes a bill that would ban TikTok if China-based parent company ByteDance fails to divest...

Tech

In a landmark partnership aimed at promoting sustainable waste management practices, Kuda Microfinance Bank and Wecyclers collaborated to commemorate World Earth Day on April...

News

Google Developer Groups Lagos (GDGLagos) has announced a regional edition of the global #BuildWithAI hackathon, in partnership with SeerBit, Africa’s most trusted payment solutions...