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Home Featured

Over 1.5b litres Stock of Petrol Intact,Says NNPC

by NationalInsight
May 7, 2024
in Featured, News
Reading Time: 1min read
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As the nationwide supply and distribution of Premium Motor Spirit (PMS), also known as petrol, continue to improve, the Nigerian National Petroleum Company (NNPC) Limited has once again called on motorists to shun panic buying of the product.

In filling stations monitored across several states, including Lagos and the FCT, the queues have since thinned out, a development that will keep improving daily in other States.

The Company in a statement signed by
Olufemi Soneye,Chief Corporate Communications Officer stated  that at the moment, it has over 1.5 billion litres stock of PMS, which is equivalent to over 30 days sufficiency.

The NNPC Ltd. is also collaborating with relevant downstream agencies, such as the Nigera Midstream & Downstream Petroleum Regulatory Authority (NMDPRA), labour unions in the sector and security operatives, to address hoarding and other unwholesome practices.

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Tags: Nigera Midstream & Downstream Petroleum Regulatory Authority (NMDPRA)NNPCLOlufemi Soneye
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