NNPC declares 35 days sufficiency with 1.2 billion naira litres

Written by on March 6, 2023

The NNPC Limited has declared that it has in stock about 1.2 billion liters of Premium Motor Spirit (petrol) which would ensure a robust supply of the product for at least 35 days.

Chief Corporate Communications Officer, NNPC Limited, Mr Garba Deen Muhammad, in a statement over the weekend, explained that the 2.1 billion litres represented 0.9 billion litres in all the land depots nationwide and 1.2 billion litres on marine vessels.

He said the company “plans to close the month of March 2023 with about 2.8 billion litres, which is equivalent to 47 days of sufficiency.

However, it was gathered that the situation has improved tremendously in Lagos and its environs, due to improved supply in the past few weeks and limited movement of goods and persons because of the ongoing elections.

Speaking in a telephone interview with newsmen, the National President of the Independent Petroleum Association of Nigeria, IPMAN, Elder Chinedu Okoronkwo, said petrol supply would record continuous improvement in the coming weeks.



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