• News
  • Business
  • Politics
  • Entertainment
  • Sports
  • World News
  • Interviews
  • Press Release
TheSightNews
  • News
  • Business
  • Politics
  • Entertainment
  • Sports
  • World News
  • Interviews
  • Press Release
No Result
View All Result
  • News
  • Business
  • Politics
  • Entertainment
  • Sports
  • World News
  • Interviews
  • Press Release
No Result
View All Result
TheSightNews
No Result
View All Result

1.74b Litres of PMS Supplied Nationwide in August—PPPRA

...Says Decline in Volume of PMS not Scarcity

TheSightNews . by TheSightNews .
October 5, 2021
in Oil&Gas
0
1.74b Litres of PMS Supplied Nationwide in August—PPPRA
0
SHARES
14
VIEWS
Share on FacebookShare on Twitter

The Petroleum Products Pricing Regulatory Agency (PPPRA) report on Petroleum Products Supply in the month of August indicates that about 1,735,624,740 litres of Premium Motor Spirit (PMS) was distributed nationwide.

This resulted in bringing the average daily supply of PMS in the month of August to about 55.99 million litres, a statement by the General Manager, Corporate Services, Kimchi Apollo revealed.

He stated that an analysis of the volume of PMS supplied nationwide in the month of August suggests a decrease of about 132,301,071 litres compared to the 1,867,925,811 litres supplied in the month of July.

The report further showed that in the month under review, the total truck-out volume for PMS was 1.79 billion litres. Therefore, the average truck-out volume of PMS was 57.58 million litres per day.

The data also showed that NNPC imported 100% of the PMS distributed that month. In addition, the PPPRA report showed that the country had an average PMS Days Sufficiency of 33 days.

“It is important to note that the decline in the volume of PMS supplied in the month of August does not in any way translate to product scarcity.

“The PPPRA will continue to monitor and advise relevant stakeholders to ensure continued product availability”, the statement concluded.

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to share on Instagram (Opens in new window)

Related

Previous Post

16th AITF: Stakeholders Urge Private Sector to Support Nigeria’s Participation in AfCFTA

Next Post

Nigerians in South Africa Celebrate 61st Independence in Grand Style.

TheSightNews .

TheSightNews .

Next Post
Nigerians in South Africa Celebrate 61st Independence in Grand Style.

Nigerians in South Africa Celebrate 61st Independence in Grand Style.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow Us

Recent Posts

  • SHOCKING! Unidentified Body Discovered on Lagos Airport Runway, FAAN Begins Investigation
  • FG Moves to End ASUU, Poly Lecturers’ Strikes, Begins Arrears Payment
  • Diaspora: NiDCOM, AfDB to Partner on Trust Fund, Investment Training, Others.
  • Civil Service Recruitment: FCSC, Head of Service Collaborate to Ensure Integrity, Transparency
  • 2023: Amaechi Promises to Grow Agriculture, Revamp Nigeria’s Economy

Categories

  • Ad! (2)
  • Articles/Opinions (155)
  • Aviation (218)
  • Business (666)
  • Education (223)
  • Entertainment (122)
  • Features (22)
  • Health (237)
  • ICT (187)
  • Interviews (15)
  • Migration (15)
  • News (1,587)
  • Oil&Gas (239)
  • Politics (530)
  • Press Release (6)
  • Real Estate (9)
  • Religion (75)
  • Security (573)
  • Sports (213)
  • World News (379)
  • News
  • Business
  • Politics
  • Entertainment
  • Sports
  • World News
  • Interviews
  • Press Release

© 2022 The Sight News

No Result
View All Result
  • Home
    • Sample Page
  • Newsletter
  • Press
  • Press Release

© 2022 The Sight News