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COVEROIL & GAS

“1.4billion Litres of Petrol Available for November” – NNPC

The Nige­rian National Petroleum Corporation, NNPC, on Friday, November 13, called on members of the public to avoid  panic buying as there is sufficient fuel in stock.

The state-run oil firm assured that a to­tal number of about 657 million litres of the Pre­mium Motor Spirit (PMS) are currently available for supply.

The Exec­utive Director, Commer­cials Pipelines and Prod­uct Marketing Company (PPMC), Justin Ezeala, who spoke during a press conference organized by the corporation,said there is no reason for queues at the filling stations at the moment, stressing that 657 litres translates to 16 days of sufficiency going by Nige­ria’s 40 million litrs daily consumption.

Ezeala, said PPMC, which is set up as a subsidiary and strategic business unit of NNPC is working hard to synchronize all the gov­ernment agencies to ensure seamless and faster delivery of fuel across the nook and crannies of the country.

He stated that in spite of the fact there is more than enough Premium Motor Spirit to go round, Nigeria would get about 1,4 billion li­tres of PMS in the month No­vember alone which trans­lates to 35 days sufficiency.

“The fuel is there. People should not go and queue up to buy fuel. At the Conoil op­posite NNPC Towers there are four trucks waiting to discharge fuel but there is queue there.

“We have sent almost 30 trucks to retail outlets this morning here in Abuja metropolis alone. The NNPC mega station at Kata­mpe has 10 trucks waiting to discharge but there is queue there. So we are telling peo­ple don’t go and queue and waste your time. And a cour­tesy to other if you do not want to buy fuel do not go and queue because you see people going to buy fuel.”

 

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  4. […] federal government has granted approval for the importation of 1.5 million metric tonnes of petrol to 19 companies for the fourth quarter of […]

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