We have 1.8bn litres of petrol in stock, says NNPCL

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The Nigerian National Petroleum Company Limited (NNPCL) says it has 1.805 billion litres of the petrol in stock.

Garba Deen Muhammad, the chief corporate communications officer of the NNPCL, on Monday said that the volume of petrol available would last for 30 days.

Muhammad added that 805.35 million litres of petrol were in depots nationwide, while one billion litres were still inside vessels.

“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,” he said.

“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.”

The oil company also assured motorists of adequate and sufficient volumes on both land (all the depots) and marine vessels.

It added that as the provider of energy security for the country, it would continue to sustain availability of petroleum products across the country.