In its concerted efforts to sustain the supply of petroleum products nationwide, the 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 million litres on marine vessels, which is equivalent to 30.09 days sufficiency.
According to the statement released by NNPC Spokesman, Garba Deen Muhammad, adding that 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.
While assuring motorists that it has adequate and sufficient volumes on both land (all the depots) and marine vessels, the NNPC Limited, as the provider of energy security for the country, will continue to sustain availability of petroleum products across the country.
Meanwhile, Nigerians have been grappling with fuel scarcity for months on end, while the troubling situation has been compounded by the cash crunch occassioned by the naira implementation policy of the Central Bank of Nigeria.
