Home Business Energy NNPC Confirms Two Billion Litres Stock Of PMS For One Month
Energy

NNPC Confirms Two Billion Litres Stock Of PMS For One Month

Share
Share


BY NKECHI NAECHE-ESEZOBOR–Despite fuel queues across the country, the Nigerian National Petroleum Company Limited (NNPC Ltd) on Thursday confirmed two billion liters stock of Premium Motor Spirit (PMS).

The corporate in a statement signed by Mr Adeyemi Adetunji, Executive Vice President, Downstream and made available to BusinessToday Online attributed the long  queues in Lagos to ongoing road infrastructure projects around Apapa and access road in the state.

He said  programmed vessels and trucks to unconstrained depots while massive loadouts from depots to states are closely monitored to ease fuel queues.

“The gridlock is easing out and NNPC Ltd has programmed vessels and trucks to unconstrained depots and massive loadouts from depots to states are closely monitored.”

“We want to reassure Nigerians that NNPC has sufficient products and we significantly increased products loading in selected depots and extended hours at strategic stations to ensure sufficiency nationwide. “We are also working with industry stakeholders to ensure normalcy is returned as soon as possible,” he said.

Share

Businesstoday Magazine

Businesstoday Conference/Awards

Related Articles

Ardova Plc @60: We’re Committed To Energy Transition

BY GABRIEL ESEZOBOR— Poised to address the country’s diverse energy needs, Ardova...

Tinubu Hails $5 billion Deepwater Investment By Shell And Partners Investment, Says Is A Milestone Achievement For Nigeria’s Energy Sector

President Bola Ahmed Tinubu on Monday welcomes Shell and its partners’ announcement...

Shell Invests In Bonga North Deep-water project, Nigeria

Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell...

Oloibiri Museum: NCDMB Executes Construction Contract With Julius Berger

The Nigerian Content Development and Monitoring Board (NCDMB) on Thursday executed the...