Financial Energy Review
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) said it is working with other industry operators to clear the slight tightness being experienced in the distribution of Premium Motor Spirit (PMS), also called petrol.
Mr Farouk Ahmed, Authority Chief Executive, NMDPRA made this known in Abuja.
He said 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.
The chief executive said the public should take note that the current stock sufficiency stood at 35.39 days for PMS, 34.86 days for Automotive Gas Oil (AGO) and 31.36 days for Aviation Turbine Kerosene (ATK).
