Energy
NNPC increases daily petrol supply to 100 million litres
The Nigerian National Petroleum Corporation (NNPC) has to increase daily supply of petrol to 100 million litres throughout the month of February to find lasting solution to the fuel scarcity that has persisted in the past five months across Nigeria.
Accordingly, the Corporation targets placing order on two vessels of petrol per day till the end of February 2018.
The NNPC projects that one vessel will have capacity for 50 million litres, thus, the two vessels will bring in 100 million litres to increase supply and service the daily needs.
It was gathered that 45 million litres of petrol was offloaded into jetties across the country on Wednesday.
Record shows that before the 45 million litres discharge, there was 324 million litres of petrol on land and 432 million litres in marine storage, making a total of 756 million litres, which is believed can serve for 22 days at 35 million daily consumption rate.
The jetties that received the 45 million litres shipments include Nacj, Apapa; Bop, Apapa; Techo Jetty, Lagos; Dutchess, Oghara; Vine Jetty, Calabar; Chipet Jetty, Lagos; and ECM Jetty, Calabar.
-
Aviation1 week agoNigeria ends third-party visa processing in U.S, directs applicants to embassy, consulates
-
Business1 week agoFCCPC floors Air Peace as Court upholds authority to probe airline fare complaints
-
Latest4 days agoLagos NURTW organising secretary Toba Ajiboye dies after gunmen attack
-
Comments and Issues1 week ago‘Olodo Uprising’: When anti-intellectualism threatens good governance
-
News1 week agoEdo Police impose movement restriction ahead of Saturday’s LG’s elections
-
Business1 week agoHeavy reliance on portfolio inflows threatens Nigeria’s $51bn reserves — EBC
-
Business6 days agoNCC chief highlights trust as key to Nigeria’s digital transformation
-
Business1 week agoNigerian Banks face rising climate-related credit risks, Fitch says


