NNPC Expects 2.3 Billion Litres Of PMS To Stabilise Distribution
Business News, Latest Headlines Monday, February 21st, 2022
(AFRICAN EXAMINER) – The Nigerian National Petroleum Company (NNPC) Limited started its week with an assurance to Nigerians that the distribution of Premium Motor Spirit (PMS) would soon normalise after it recalled the bad product imported into the country last week.
The NNPC Group Executive Director (GED) Downstream, Adetunji Adeyemi, gave the assurance at a briefing in Abuja, while concerted efforts were being made to end the challenges in the supply of petrol.
Adeyemi stated that the company was expecting over 2.3 billion litres of Premium Motor Spirit (PMS) in the country by the end of February and that over 1 billion litres of the product were currently being distributed nationwide.
He assured that the product being dispensed at various filling stations in the country was safe, as the expected 2.3 billion litres would restore the sufficiency level above the national target of 30 days.
Adeyemi explained that in order to accelerate PMS distribution across the country, the company had commenced 24 hours’ operations at its depots and retail outlets.
He disclosed that NNPC had constituted a monitoring team, with the support of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and other security agencies to ensure smooth distribution of PMS nationwide.
Short URL: https://www.africanexaminer.com/?p=73990
