Subsequent to the recent importation of adulterated fuel stock into the country and the problems it caused, the Nigerian National Petroleum Corporation Limited (NNPC) has announced that it is distributing one billion litres of safe Premium Motor Spirit (PMS), known as petrol, to fuel stations nationwide.
The Group Executive Director (Downstream), Mr. Adetunji Adeyemi, disclosed this on Tuesday in Abuja while briefing newsmen.
He said that another tranche of 2.3 billion litres of PMS would arrive Nigeria between now and February ending to address current shortages.
Adeyemi said this would restore sufficiency level above the national target of 30 days.
According to him, “As of today, NNPC has one billion litres of petrol in stock and the petrol being dispensed today at various fuel stations in the country is safe. In order to accelerate PMS distribution across the country, NNPC has commenced operations at its Depots and Retail Outlets”.
He also announced that the Major Oil Marketers Association of Nigeria, Depot Owners and Petroleum Products Marketers Association of Nigeria and Independent Petroleum Marketers Association of Nigeria have commenced 24-hour loading and dispensing activities in some of their designated outlets.
He implored Nigerians to avoid panic buying as normalcy would be fully restored “ in few days’ time”, adding that NNPC had constituted a monitoring team with the support of the Nigeria Midstream and Downstream Petroleum Authority (NMDPRA) and other security agencies to ensure smooth distribution of PMS nationwide.