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1.8 billion litres of Petrol available for February and March – NNPC
NNPC Appeals to Global Energy Investors to Boost FDI Inflows
NNPC Appeals to Global Energy Investors to Boost FDI Inflows
– By Daniel Terungwa

1.8 billion litres of Petrol available for February and March – NNPC

The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) says it has 1.805 billion litres of petrol in stock.

Its spokesman, Garbadeen Muhammad, stated in Abuja that the volume of petrol in stock would last for 30 days.

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He disclosed that 805.35 million litres of the product were in depots nationwide, while one billion litres were still inside vessels.

He added that in efforts to ensure steady supply NNPC Ltd. placed a robust plan for the supply of petrol from mid-February to March 2023.

Garba Deen
Spokesman, NNPCL, Garbadeen Muhammad.

“An additional petrol supply of 884 million litres is also expected by February 28,” said the NNPC official. “For March 2023, a total of 2.3 billion litres of petrol is expected, while about 2.5 billion litres, equivalent to 42 days sufficiency, will be the closing stock for the month.”

Oil marketers had told newsmen  in Lagos that NNPCL depots that feed private depots across the country ran out of supplies over the weekend following the mopping up of available supplies by oil marketers.

“Although we have started loading, the product is yet to go round. Besides, NNPCL depots ran out of supplies over the weekend, but we are hoping products will be available this week so that we will resume loading,” one of the marketers had stated on Sunday.

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