State-run Nigerian National Petroleum Corporation (NNPC) on Friday gave the assurance of adequate supply of petroleum products nationwide, saying it had 1.2 billion liters of petrol in stock.

fuel scarcity
fuel scarcity

The figure translated to 31 days sufficiency, going by the 40 million liters daily consumption of the product in the country, Ohi Alegbe, the company’s spokesperson said in a statement reaching Xinhua.
He said 21 additional vessels laden with petroleum products are in offshore Lagos waiting to berth.
According to him, the firm has made adequate arrangements to ensure energy sufficiency in the country and reassured motorists that the noticeable queues at the filling stations would thin out in the days ahead.
Alegbe added that the NNPC also had 21 days sufficiency of Automotive Gas Oil (AGO) otherwise known as diesel and 18 days sufficiency of Dual Purpose Kerosene (DPK), otherwise known as kerosene.
He called on Nigerians from all walks of life, especially those living in communities where the pipelines run through, to protect them in national interest.
The fuel crisis situation in Nigeria lingers on despite the federal government’s payment of subsidy arrears to major oil marketers last week.
The long queues at filling stations are not getting shorter and petrol stations are selling fuel above the approved rate of 87 naira per liter. Enditem

Source: Xinhua

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