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.