The Petroleum Products Pricing Regulatory Agency has declared that Nigeria currently has about 47 days sufficiency of petrol.
The PPPRA stated this on Tuesday, adding that the average petrol inland stock between 23rd and 29th of November 2019 stood at 1,145,365,386, while marine stock was 1,542,779,814, with the total stock standing at 2,688,145,200 litres.
“Therefore, inland days sufficiency is 20 days, marine days sufficiency is 27 days while total days sufficiency stands at 47 days,” the Executive Secretary of the agency, Abdulkadir Saidu, stated in Abuja.
Based on this, Saidu warned marketers against unwholesome practices that could cause Nigerians untold hardship during the Yuletide period and beyond.
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