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Petrol: NNPC declares 47 days sufficiency with 1.2bn litres

The Nigeria National Petroleum Company, NNPC (Limited) has assured all Nigerians of the availability and supply of Premium Motor Spirit (PMS), also known as petrol across the country.

In a statement issued by the Chief Corporate Communication Officer, NNPC Ltd, Garba Deen Muhammad, the company said a total of 2.1 billion litres of PMS have been stocked.

This represents 0.9 billion litres in all the land depots nationwide and 1.2 billion litres on marine vessels, which is equivalent to 35 days sufficiency as of March 4, 2023.

According to Muhammad, NNPC Ltd plans to close the month of March 2023 with about 2.8 billion litres, which is equivalent to 47 days of sufficiency.

He says that “the appearance of pockets of queues in Abuja and some parts of the country, is largely due to restrictions in bussineses and movement, to allow for the conduct of the Presidential and NASS elections and enable Nigerians to exercise their civic right”he revealed.

He added that  operations have now resumed at the depots and trucks are being dispatched to various parts of the country.

“We expect normalcy to be restored in the next few days” he said.

He further said that “NNPC Ltd. and all its partners and stakeholders will continue to work together to ensure seamless distribution of petroleum products around the Gubernatorial and State Assembly elections”  he pledged.

“NNPC Ltd, however, enjoins Nigerians not to engage in panic buying.


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