Oil

NMDPRA Guarantees Reliable Supply of PMS Nationwide

…Cautions against panic buying

 The Nigerian Midstream and Downstream Petroleum and Regulatory Authority (NMDPRA) assures Nigerians that operations in loading depots have fully resumed following the restriction of movements during the recently concluded Presidential and National Assembly elections which necessitated truck drivers to travel to exercise their civic duty.

Consequently, NMDPRA is working with other stakeholders to mitigate the slight tightness being experienced in the distribution of Premium Motor Spirit (PMS).

Mostly importantly, the public is invited to note that the current stock sufficiency at 35.39 days for PMS days, 34.86 days for AGO and 31.36 days for ATK.

The Authority continues to strive towards guarantee supply and distribution reliability nationwide and strongly advises against panic buying.

 

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