By Muhammad Lado/ Abuja
Nigerians would need not fret over the fears of petrol scarcity during the election period as the Nigerian National Petroleum Company (NNPC) Limited says it has 1.805 billion litres of the product in stock.
The spokesperson of the NNPC Garba Deen Muhammad, NNPC spokesperson, who made this known in a press statement said the stock will last for 30 days.
Deen said 805.35 million litres of the product were in depots nationwide, while 1 billion litres were on marine vessels saying the corporation has plans to supply the product from mid-February to march 2023 to forestall any fuel crisis.
He said: “In its concerted efforts to sustain the supply of petroleum products nationwide, NNPC limited has emplaced a robust plan for the supply of premium motor spirit (PMS), also known as petrol, from mid-February to March 2023.
“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 billion 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 2.5 billion litres, which is equivalent to 42 days sufficiency, will be the closing stock for the month under review.”
While assuring motorists that it has adequate and sufficient volumes on both land (all the depots) and marine vessels, NNPC said it will continue to sustain availability of petroleum products across the country.
