Nigeria has enough petrol to last 24 days — NNPC

PIC. 6. FUEL QUEUE AT A FILLING STATION ON THE INDEPENDENCE AVENUE, CENTRAL BUSINESS DISTRICT IN ABUJA ON MONDAY (16/11/15). 7200/16/11/2015/BJO/NAN

Nigeria currently has about 977.31 million litres of Premium Motor Spirit(petrol) in its land and marine depots, the National PMS Evacuation Report has stated.

The report, which was released on Wednesday in Abuja, noted that the reserve would be enough to last the country for 24 days.

The NNPC, in the report, stated that 914 truckloads of fuel had been dispatched to petrol stations across the country.

It added that 1,939 trucks, conveying 64.04 million litres of the products, had been evacuated from its coastal depots to inland depots in the country.

Giving a breakdown of its PMS sufficiency, the NNPC report stated that the country had 321.23 million litres of PMS in its land reserves and 656.08 million litres in its marine reserves.

Quoting data received from the Petroleum Products Pricing and Regulatory Agency, the report further stated that 13 vessels were currently discharging or awaiting clearance to discharge a combined quantity of 314.454 million litres of PMS.

The report stated that five of the vessels were conveying products belonging to the Pipelines and Products Marketing Company while two of the vessels were discharging product belonging to the NNPC.

It added that Total, Techno Oil, Folawiyo, Matrix Energy and Rain Oil, each had one vessel.

(NAN)


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  • favourtalk

    God bless the effort of PMB and his team of wonderful brains, we can see the hard work been done at far to help the country during this festive season

    • adeade

      You commend everything I guess. It shows the side of intelligence that you belong..we will be praying for u

  • Otile

    Wallahi since clueless Buhari made himself Minister of Petroleum petrol situation in 9ja has taken a turn for the worse. God save us/

  • Man_Enough

    Even if this is true, there is nothing to cheer about this declaration. For good planning, 24 days’ stock is an emergency situation.we should be talking about 6 months minimum.

  • smart G

    This statement did not pass through the office of Lie Mohammed otherwise it should have been 24 months supply.

  • bigbang

    We should build up our strategic reserves. Set up secret stings investigations at the pump. Use video and audio recordings. We may need to reform the criminal justice act to allow video evidence at trial.

  • Comfortkay

    This statement shows that we need a new leadership in our oil sector, how can a country that produce oil has only enough oil for 24 days? We need a person like David West for help put things in order.