SCARCITY: NNPC says delivery of 930,000MT of petrol secured for March

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The Group Executive Director for Investment and Commercial, Nigerian National Petroleum Corporation (NNPC), Babatunde Adeniran on on Saturday night disclosed that the corporation has already secured about 31 cargoes of petrol to take care of Nigeria’s consumption for the month of March, ThisDay reports.


NNPC said that each of the 31 vessels would bring in about 30,000 metric tonnes of petrol, thus translating to a cumulative volume of 930,000 metric tonnes (MT). It added that at least one of the 30,000MT vessels would be delivered into the country every day.

The corporation said that the 30,000MT translates to 40 million litres of petrol which is what the country currently needs to meet its daily consumption.

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