As scarcity of Premium Motor Spirit (PMS), also known as petrol, continues across the country, the Nigerian National Petroleum Corporation (NNPC) has assured it had enough petrol to address the supply gap in the country.
This was as it said there were one billion litres of the product in stock.
NNPC Group Executive Director (Downstream), Mr Adetunji Adeyemi, made this disclosure during a press conference in Abuja on Tuesday.
“As of today, NNPC has over One (1) billion Litres of certified PMS stock that is safe for use in vehicles and machinery,” he said.
Adeyemi equally hinted that the NNPC was expecting about 2.3 billion litres of petrol in the country by month-end.
“NNPC Ltd wishes to reassure Nigerians that it has put adequate measures in place to accelerate the nationwide distribution of PMS earlier disrupted by the quarantine of methanol-blended petrol,” he said.
He said in order to accelerate PMS distribution across the country that the “NNPC limited has commenced 24 hours operations at its depots and retail outlets nationwide.”
“NNPC has constituted a monitoring team with the support of the authority and other security agencies to ensure smooth distribution of petrol nationwide,” he added.