Fuel Scarcity: NNPC Says 1 Billion Litres Of Petrol Available

…….Commences of 24-Hour operations in NNPC depots and retail outlets

The Nigerian National Petroleum (NNPC) Ltd has disclosed that it has over 1 billion litres of Premium Motor Spirit (PMS) stock for use in vehicles and machinery.

This was disclosed by the Executive Director, Downstream, of the Company, Engineer Yemi Adetunji at a press briefing in Abuja on Tuesday.

Adetunji reassured Nigerians that the NNPC has put adequate measures in place to accelerate the nationwide distribution of PMS earlier disrupted by the quarantine of methanol-blended petrol.

The statement read, “The quarantine was a necessary step to safeguard our customers from the potential impact of this PMS grade on vehicles and machinery.

Executive Director, Downstream, NNPC Limited, Engineer Yemi Adetunji, addressing the Press in Abuja

“As of today, NNPC has over One (1) billion Litres of certified PMS stock that is safe for use in vehicles and machinery.

“To accelerate distribution across the country, we have commenced 24-hour operations at our Depots and Retail outlets.

“As part of NNPC’s strategic restocking, over 2.3 billion litres of PMS is scheduled for delivery between now and the end of February 2022, which will restore sufficiency level above the national target of 30 days.

“The Major Oil Marketers Association of Nigeria (MOMAN), Depot Owners & Petroleum Products Marketers Association of Nigeria (DAPPMAN) and

Independent Petroleum Marketers Association of Nigeria (IPMAN) have also commenced 24-hour loading and dispensing activities in some of their designated outlets.

“Furthermore, the NNPC monitoring team is collaborating with the Authority (NMDPRA) and other Security Agencies to ensure smooth distribution of PMS nationwide.

“The NNPC implored Nigerians to avoid panic buying as there is sufficient volume of PMS in-country and effort is being made to accelerate distribution to all filling stations.

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