Energy
NNPC has 1.8bn litres of petrol in stock – Spokesman
The Nigerian National Petroleum Company Ltd., (NNPC Ltd.) says it has 1.805 billion litres of petrol in stock.
Its spokesman, Malam 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 is 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 Feb. 28.
“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,’’ Muhammad stated.
Source – NAN
-
Business7 days agoDangote Refinery IPO: 70% Subscription claim meets fourfold demand assertion as investors seek clarity
-
Latest1 week agoUmahi defends Lagos-Calabar highway route changes amid public outcry
-
Business1 week agoDangote Refinery IPO Extension: Was the 70% subscription report overhyped?
-
Featured4 days agoInside INEC’s race to prepare for Nigeria’s 2027 elections
-
Latest6 days agoUCTH faces morgue crisis as 50 unclaimed corpses await mass burial
-
Featured4 days ago2027: APC unveils nationwide campaign timetable, Tinubu to rally in 12 states
-
Business6 days agoBREAKING: Nigeria’s Inflation Rate Drops to 14.63% in September
-
Featured1 week agoEl-Rufai, ADC governorship candidate’s court appearance puts Kaduna opposition politics in focus


