The Nigerian National Petroleum Company Ltd., (NNPC Ltd.) stated on Monday that it has 1.805 billion litres of petrol (Premium Motor Spirit) in stock, which its spokesman, Malam Garbadeen Muhammad, said would last for 30 days.
Muhammad stated in Abuja that the company has grown the March 2023 sufficiency to 42 days, adding that 805.35 million litres of the product were in depots nationwide, while one billion litres were still inside vessels to be discharged.
He added that in its efforts to ensure steady supply NNPC Ltd. placed a robust plan for the supply of petrol from mid-February to March 2023.
“An additional petrol supply of 884 million litres is also expected by Feb. 28.
“For March 2023, a total of 2.3 billion litres of petrol is expected, while about 2.5 billion litres, equivalent to 42 days sufficiency, will be the closing stock for the month,” Muhammad stated.
He assured motorists that NNPC has adequate and sufficient volumes on both land (all the depots) and marine vessels, noting that as the provider of energy security for the country, the organization will continue to sustain availability of petroleum products across the country.
