The Nigerian National Petroleum Corporation (NNPC) has assured Nigerians that it is tackling the possible fuel scarcity as the year gets to an end.
The Corporation’s Executive Director, Commercial of the Pipelines and Product Marketing Company (PPMC), a downstream subsidiary of the NNPC, Mr. Justin Ezeala said in a statement that there are currently 66 million litres of petrol in its stock.
“We currently have within our depot 66m litres of PMS, we have our partner depot which is the private depot 118m litres of PMS, marine stock 428m litres and then the major marketers have about 44m litres. These gives us a total of 657m litres and based on our daily consumption estimate of 40m litres we are looking at about 16-and-half days sufficiency.”
Ezeala who asked Nigerians not to embark on panic buying, said that the corporation has begun a 24 hour fuel supply in its depots nationwide to battle the current scarcity, nationwide.
He announced that about 50 trucks loaded with PMS were dispatched today to various filling stations in the FCT, saying that there is enough Premium Motor Spirit (PMS) or petrol to last the country for the next 35 days.[myad]
