The Nigerian National Petroleum Company (NNPC) has announced that its depots and outlets have commenced 24 hours operations to restore normal supply and distribution of Premium Motor Spirit popularly known as petrol across the country.
NNPC made this announcement in a statement released on Tuesday after briefing pressmen in Abuja.
The statement reads, “NNPC Ltd wishes to reassure Nigerians that it has put adequate measures in place to accelerate the nationwide distribution of PMS earlier disrupted by the quarantine of methanol-blended petrol.
“The quarantine was a necessary step to safeguard our customers from the potential impact of this PMS grade on vehicles and machinery.
“As of today, NNPC has over One (1) billion Litres of certified PMS stock that is safe for use in vehicles and machinery.
“In order to accelerate distribution across the country, we have commenced 24-hour operations at our Depots and Retail outlets.
“As part of NNPC’s strategic restocking, over 2.3 billion litres of PMS is scheduled for delivery between now and the end of February 2022, which will restore the sufficiency level above the national target of 30 days.
“The Major Oil Marketers Association of Nigeria (MOMAN), Depot Owners & Petroleum Products Marketers Association of Nigeria (DAPPMAN) and the Independent Petroleum Marketers Association of Nigeria (IPMAN) have also commenced 24-hour loading and dispensing activities in some of their designated outlets.
“Furthermore, NNPC’s monitoring team is collaborating with the Authority (NMDPRA) and other Security Agencies to ensure smooth distribution of PMS nationwide.
“NNPC implores Nigerians to avoid panic buying as there is a sufficient volume of PMS in-country and effort is being made to accelerate distribution to all filling stations.”