Posted on: 09:40 Tue, 17 Nov 2015



The Nigerian National Petroleum
Corporation (NNPC) has said its
downstream marketing arm, PPMC had
distributed a total of 25,042,686 million
litres of petrol to 11 depots across the
country as at Monday.

NNPC had insisted that the country
has enough petrol stocks to last for
well about 35 days going by the daily
average of 40 million litres
consumption rate. So, Nigerians
should disregard panic buying.

Existing record shows that the
country has an in-country stock of
about 657 million litres of petrol
which would last for 16 days, as well
as additional 756 million litres
supply stock which has been
confirmed for delivery into the
country’s ports for November.

The Presidency has also sent a
confirmation request to the national
assembly, to enable it pay marketers.