The Nigerian National Petroleum Corporation (NNPC) stated it has begun a 24-hour fuel supply in its depots nationwide to curb the current scarcity, nationwide.
As stated by the Corporation's Executive Director, Commercial of the Pipelines and Product Marketing Company (PPMC), a downstream subsidiary of the NNPC, Mr. Justin Ezeala, it has adopted extended hours of operations where for security reasons or locations it is not feasible to operate 24 hours.
He said: “We are going to start from about 5am and sell till about 9/10pm.”
Close to 50 trucks loaded with PMS were dispatched today to various filling stations in the FCT.
He advised Nigerian against panic buying or hoarding of product because there is enough Premium Motor Spirit (PMS) or petrol to last the country for the next 35 days.
“We currently have within our depot 66m litres of PMS, we have our partner depot which is the private depot 118m litres of PMS, marine stock 428m litres and then the major marketers have about 44m litres. These gives us a total of 657m litres and based on our daily consumption estimate of 40m litres we are looking at about 16-and-half days sufficiency,” he stated.