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YULETIDE: NNPC takes delivery of 50m litres of petrol



YULETIDE: NNPC takes delivery of 50m litres of petrol

The Nigerian National Petroleum Corporation (NNPC) says it has taken delivery of two cargoes on Wednesday with 50 million litres of Premium Motor Spirit (PMS) otherwise known as petrol.

This is coming at a time Nigerians have engaged in panic buying, as a result of the Yuletide season, causing queues as some filling stations across the country, especially in Lagos and Abuja.

Managing Director of PPMC, Mr. Umar Ajiya, who made this known after an on-the-spot monitoring of NNPC Retail stations and those of Major and Independent Marketers in Abuja, also said that the corporation is expected to take delivery of a minimum of one cargo per day going forward.

Read also: Oando challenges technical suspension by SEC at Appeal Court

Also speaking during the occasion, NNPC Chief Operating Officer, Ventures and Chairman of the NNPC Special Task Force on Fuel Monitoring, Dr. Victor Babatunde Adeniran stated that its adoption of a 24-hour depot and retail services cleared the fuel queues in Abuja, Lagos and many states across the country.

He said the Department of Petroleum Resources (DPR) personnel had been deployed to all the depots across the country to ensure that petroleum products were sold at the official price to petroleum marketers to avoid any shock in supply of petroleum products.

Adeniran said the Corporation would always keep faith with its mandate of ensuring energy sufficiency, adding that the corporation has taken adequate measures to normalize products supply situation in the Country.


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