DESPITE SCARCITY NNPC SAYS IT HAS 1.8 BN LITRE OF PETROL IN STOCK
The Nigerian National Petroleum Company Limited,says it has a total of 1.805 billion litres of fuel stock despite the scarcity of the product in some parts of the country.
This represents 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,a statement said.
The statement also said an additional fuel 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,the statement said.