55 Depots Stock PMS In Nigeria- NNPC


No fewer than 55 depots across the country are fully stocked with Premium Motor Spirit, PMS, the Nigerian National Petroleum Corporation, NNPC stated Thursday.

Group Managing Director of the corporation, Mr. Maikanti Baru, spoke during the NNPC Special Day at the 30th Enugu International Trade Fair.

According to Baru, 23 depots in Lagos, seven in Port Harcourt, 11 in Warri, six in Calabar and eight in Kaduna, were stocked with petrol.

He restated its commitment to sustain the present seamless supply and distribution of petroleum products across the country.

Baru, who was represented by the Chief Operating Officer, Refineries and Petrochemicals, Mr. Anibo Kragha, assured that the present zero queues in the country would be sustained, especially as Easter approaches.

He said that the ongoing rehabilitation of the nation’s refineries was aimed at reducing importation of petroleum products and demand for foreign exchange in the country.

He noted that the theme of the fair, “Promoting and Enhancing Value Addition in the Oil and Non-oil Economy for Robust Economic Development,” was in sync with NNPC’s vision of adding value to the nation’s hydrocarbon resources for the benefit of all Nigerians.

The GMD said that as Industry leader, the major focus of the corporation was “value addition in all our activities,” which he said had helped to ensure maximum benefit to all its stakeholders.

He reiterated the need to protect the corporation’s facilities, especially the pipelines, saying the corporation recorded 257 vandalised points in December 2018 alone, with Ibadan- Ilorin axis accounting for 34 per cent of the total.

In his welcome address, Sir Emeka Udeze, President of the Enugu Chamber of Commerce, Industry, Mines and Agriculture, commended the NNPC for the stability in the supply and distribution of petroleum products in the country and its consistency in participating at the annual event.