The Nigerian National Petroleum Corporation
(NNPC) said on Thursday that it had 1.1 billion
litres of petrol in stock to ease the current fuel
scarcity nationwide.
“As yesterday , Thursday, June 11, 2015, PPMC/
PPMC has Premium Motor Spirit (PMS) stock
level of 1.1 billion litres, representing 27 days
sufficiency,” said Joseph Dawha, the NNPC Group
Managing Director, in Abuja, while briefing
newsmen on the petrol supply situation.
“This stock is excluding volumes with firmed
delivery Laycans (dates) within the next couple of
days.
“With this level of stock, we have intensified our
vessels and trucking operations to ensure that
PMS is available at our inland depots and retail
outlets nationwide,” he said.
According to him, NNPC, through its subsidiary,
NNPC Retail Ltd., has embarked on massive PMS
lifting to its mega and affiliate stations in Abuja
and across the nation.
“In the last five days, we have brought into Abuja
428 trucks of PMS, averaging 85 trucks daily to
address the PMS requirement in Abuja and its
immediate environs,” he said.
Dawha said that NNPC/PPMC was committed to
ending the fuel queues in Abuja and across the
states by the weekend in collaboration with the
major marketers and other stakeholders.
“Evidence has begun to emerge in the last two
days as most of our stations are wet and the
severity of the queues has started to reduce,” the
NNPC chief said.
“We have taken steps, as supplier of last resort,
to improve availability of PMS in the country and
ensure its effective distribution nationwide.
“The supply and distribution efforts must be
sustained with the support and cooperation of our
stakeholders in the downstream and government
agencies, such as police, army, Nigeria Security
and Civil Defence Corp (NSCDC).
“We are optimistic that we can put this ugly
experience behind us,” he said.

source: www..ng/2015/06/12/nnpc-to-ease-scarcity-with-1-1bn-litres-of-petrol/

PMS is sufficient already we want to be buying at normal pump price of N87..... Shikenan