The Nigerian National Petroleum Company Limited (NNPCL) stated that it has about 1.8 billion litres of Premium Motor Spirit (PMS), also known as fuel, to supply across the country from mid-February to March. This was made known on Monday in a statement by the company’s Chief Corporate Communications Officer, Garba Muhammad.
He said, “Latest updates released on Monday show that NNPCL has a total of 1.805 billion litres of PMS stock, representing 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.
“An additional PMS supply of 884 million litres is also expected into the country by 28 February 2023.
“For March 2023, a total of 2.3 billion litres of PMS is expected into the country, while about 2.5 billion litres, which is equivalent to 42 days sufficiency, will be the closing stock for the month under review.”
Muhammad further stated that this is part of the company’s concerted efforts to maintain the supply of petroleum products nationwide, adding that the volume of fuel in stock would last for 30 days.