NNPC says 55 depots nationwide stocked with petroleum products - Welcome To Infotainnet

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Friday, 5 April 2019

NNPC says 55 depots nationwide stocked with petroleum products


As the Easter period approaches, the Nigerian National Petroleum Corporation (NNPC) has advised motorists and other petroleum products consumers not to engage in panic buying owing to enough petroleum products stocked in 55 depots across the country. 
NNPC Group General Manager, Group Public Affairs Division, Mr. Ndu Ughamadu, today in Abuja, stated that the petroleum products are in 23 depots in Lagos, seven in Port Harcourt, 11 in Warri, six in Calabar and eight in Kaduna
 He explained that two vessels of 50million litres of Premium Motor Spirit (PMS), otherwise called petrol, would arrive the shores of Nigeria every day from tomorrow.
 The release assured Nigerians of an eventful Easter period just as the just ended Yuletide, even as it cautioned depot owners or terminal operators not to sell petrol above the official ex-depot price of N133.28k per litre.
 The corporation also advised petroleum products marketers not to sell the product above N145 per litre.
 The release said the subsisting ex-depot petrol price of N133.28k per litre was consistent with the Petroleum Products Pricing Regulatory Agency’s (PPPRA) template and should be adhered to. 
 He advised Nigerians to remain vigilant and volunteer information to the Department of Petroleum Resources (DPR), the Industry regulator or to any law enforcement agency around them, on any station which sells petrol beyond N145 per litre.

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