NNPC stocks 2bn litres of petrol for year-end movements

NNPC MD Maikanti Baru
NNPC GMD, Dr Maikanti Baru

The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, says the corporation had stocked over two billion litres of petrol.

In a statement by the corporation’s General Manager, Group Public Affairs Division, Ndu Ughamadu; Baru said it would ensure a hitch-free end-of-year movement for motorists.

Baru said provision of adequate petroleum products would not only ease transportation but make the roads safer for motorists during the yuletide period.

Also, he said other consumers would have no need to hoard highly inflammable products in Jerry cans, among others, which might pose safety challenge to them.

”As we speak, NNPC has over two billion litres of petrol and we want to sustain this level from now on till the end of the year and beyond.

”This volume would give the country product sufficiency of about 60 days, well above the standard 30 days sufficiency threshold, Baru,” said.

Baru, who was also decorated as Honourary Special Marshal by the Federal Road Safety Corps (FRSC), described his investiture as an eloquent testament of the corporation’s longstanding commitment to road safety and support for the FRSC.