Fuel Scarcity: NNPC says 1.8 billion litres of petrol available
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 on Monday that the volume of petrol in stock would last for 30 days.
He explained 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.
“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.”
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
NationWide
21,640 immigration officers to monitor Saturday’s presidential election
The Nigeria Immigration Service has deployed 21,640 officers and men for the February 25 and March 11 elections across the 36 states and FCT.
Economy
Naira loses value slightly, exchanges N461.50 for one dollar
The naira on Monday exchanged at N461.50 to the dollar at the Investors and Exporters window.
Anti-Corruption
FG to raise procurement standard, says BPP
“We must continue to move with the world so as not to be left behind,” said the NIESV director-general.
Uncategorized
Capitalisation gains N228 billion at equity market
A total of 154.63 million shares valued at N5.51 billion were exchanged in 3,095 deals.
Politics
Supreme Court affirms Olawuyi as APC candidate for Oke-ero federal constituency
A five-man panel of justices led by Justice Kudirat Kekere-Ekun affirmed the candidacy of Mr Olawuyi, currently representing the constituency.
Health
Nigeria’s future gloomy with millions of malnourished children: Osinbajo
An estimated two million children in Nigeria suffer from severe acute malnutrition, but only two out of every 10 children affected are treated.
