{"id":39814,"date":"2019-04-20T07:39:54","date_gmt":"2019-04-20T06:39:54","guid":{"rendered":"https:\/\/brandspurng.com\/?p=39814"},"modified":"2019-04-20T08:50:35","modified_gmt":"2019-04-20T07:50:35","slug":"nnpc-to-increase-petrol-stock-volume-to-2-4-billion-liters-baru","status":"publish","type":"post","link":"https:\/\/brandspurng.com\/2019\/04\/20\/nnpc-to-increase-petrol-stock-volume-to-2-4-billion-liters-baru\/","title":{"rendered":"NNPC to Increase Petrol Stock Volume to 2.4 billion liters \u2013 Baru"},"content":{"rendered":"<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div><div><em><strong>The Nigerian National Petroleum Corporation (NNPC), will raise the total volume of petrol available in its storage facility to 2.4 billion liters to avoid potential scarcity, its Group Managing Director, Dr. Maikanti Baru, has said.<\/strong><\/em><\/div>\n<div><\/div>\n<div>Baru, said this would be up from the existing 1.7 billion litres of petrol the corporation has, adding that this was to ensure an adequate supply of petroleum products in all the nook and cranny of the country during the Easter holidays and beyond.<\/div>\n<div><\/div>\n<div>A statement from the Group General Manager Public Affairs of the NNPC, Mr Ndu Ughamadu, yesterday in Abuja quoted Baru, to have made this commitment during the conferment on him of the \u201cDistinguished Merit Award\u2019\u2019 by the Association of Business Managers and Administrators of Nigeria.<\/div>\n<div><\/div>\n<div>He explained that the NNPC\u2019s current 1.7 billion litres of petrol in stock could last Nigeria for 35 days if a drop of petrol was not added but the plans to increase it to 2.4 billion litres by the end of the month was ongoing.<\/div>\n<div><\/div>\n<div>He also said the NNPC was currently responsible for supplying 75 per cent of the gas used to generate electricity in the country. This, he added was equivalent to 300 million standard cubic feet (Scf) of gas per day.<\/div>\n<div><\/div>\n<div>In the statement, Baru also said he dedicated the award to President Muhammadu Buhari for his support for the country\u2019s oil and gas industry.<\/div>\n<div><\/div>\n<div>Also, the registrar of the Association of Business Managers and Administrators of Nigeria, Dr. Ike Christopher, reportedly said that Baru was selected for the merit award because of his role in the clearance of fuel queues from fuel stations, especially during the last Christmas and New Year festivities.<br \/>\nHe noted that the seamless supply of petroleum products had brought about stability in prices of goods and services across the country.<\/div>\n<div><\/div>\n<div>On the Easter holidays, Ike advised Nigerians not to engage in panic buying of petrol, saying the NNPC under Baru had demonstrated the capacity to sustain the seamless supply of petrol in the country during festive periods and beyond.<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Nigerian National Petroleum Corporation (NNPC), will raise the total volume of petrol available in its storage facility to 2.4 billion liters to avoid potential scarcity, its Group Managing Director, Dr. Maikanti Baru, has said. Baru, said this would be up from the existing 1.7 billion litres of petrol the corporation has, adding that this [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9220,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_newsletter_tier_id":0,"jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[312,7],"tags":[2073,2074,1377,5601,2435,17230],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/brandspurng.com\/wp-content\/uploads\/2017\/08\/NNPC-tower.jpg?fit=700%2C400&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p8rAyM-ama","jetpack-related-posts":[{"id":15820,"url":"https:\/\/brandspurng.com\/2018\/01\/26\/petrol-scarcity-pushes-nigerias-daily-consumption-to-55m-litres\/","url_meta":{"origin":39814,"position":0},"title":"Petrol scarcity pushes Nigeria\u2019s daily consumption to 55m litres","author":"Brand Spur","date":"January 26, 2018","format":false,"excerpt":"According to the Nigerian National Petroleum Corporation (NNPC),\u00a0Nigeria\u2019s daily petrol consumption has gone up to 55 million litres from the 35 million liters that it used to be due to petrol scarcity in the country and smuggling across its borders,\u00a0The Punch\u00a0reports. The NNPC in a statement also explained that at\u2026","rel":"","context":"In &quot;Business &amp; Economy&quot;","block_context":{"text":"Business &amp; Economy","link":"https:\/\/brandspurng.com\/category\/business-economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/brandspurng.com\/wp-content\/uploads\/2018\/01\/nnpc-brandspur.jpg?fit=1200%2C800&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/brandspurng.com\/wp-content\/uploads\/2018\/01\/nnpc-brandspur.jpg?fit=1200%2C800&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/brandspurng.com\/wp-content\/uploads\/2018\/01\/nnpc-brandspur.jpg?fit=1200%2C800&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/brandspurng.com\/wp-content\/uploads\/2018\/01\/nnpc-brandspur.jpg?fit=1200%2C800&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/brandspurng.com\/wp-content\/uploads\/2018\/01\/nnpc-brandspur.jpg?fit=1200%2C800&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":15817,"url":"https:\/\/brandspurng.com\/2018\/01\/26\/baru-commends-civil-defence-corps-on-nabbed-469000-litres-of-petrol-headed-for-benin-republic\/","url_meta":{"origin":39814,"position":1},"title":"Baru Commends Civil Defence Corps on Nabbed 469,000 Litres of Petrol Headed for Benin Republic","author":"Brand Spur","date":"January 26, 2018","format":false,"excerpt":"The Nigerian National Petroleum Corporation (NNPC) Group Managing Director, Dr. Maikanti Baru, has commended the Niger State Command of the Nigerian Security and Civil Defence Corps (NSCDC) on the eight trucks its men apprehended in Mokwa, Niger State on Tuesday. The trucks had a combined capacity of 469,000 liters and\u2026","rel":"","context":"In &quot;Business &amp; Economy&quot;","block_context":{"text":"Business &amp; Economy","link":"https:\/\/brandspurng.com\/category\/business-economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/brandspurng.com\/wp-content\/uploads\/2018\/01\/SMUGLE-TRUCKS-nnpc-brandspur.jpg?fit=448%2C297&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":39017,"url":"https:\/\/brandspurng.com\/2019\/04\/12\/nnpc-had-promised-availability-of-petroleum-products-during-easter-period\/","url_meta":{"origin":39814,"position":2},"title":"NNPC Had Promised Availability of Petroleum Products During Easter Period","author":"Brand Spur","date":"April 12, 2019","format":false,"excerpt":"The Nigerian National Petroleum Corporation (NNPC) had promised the public of adequate supply of petroleum products during the Easter celebration. The Group Managing Director of the corporation, Mr Maikanti Baru gave the assurance in Enugu at the ongoing 30th Enugu International Trade Fair. Baru said that the NNPC would provide\u2026","rel":"","context":"In &quot;Business &amp; Economy&quot;","block_context":{"text":"Business &amp; Economy","link":"https:\/\/brandspurng.com\/category\/business-economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/brandspurng.com\/wp-content\/uploads\/2017\/08\/NNPC-tower.jpg?fit=700%2C400&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/brandspurng.com\/wp-content\/uploads\/2017\/08\/NNPC-tower.jpg?fit=700%2C400&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/brandspurng.com\/wp-content\/uploads\/2017\/08\/NNPC-tower.jpg?fit=700%2C400&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/brandspurng.com\/wp-content\/uploads\/2017\/08\/NNPC-tower.jpg?fit=700%2C400&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":39080,"url":"https:\/\/brandspurng.com\/2019\/04\/12\/nnpc-debunks-fuel-scarcity-rumours-we-have-over-1bn-liters-of-petro-in-stock\/","url_meta":{"origin":39814,"position":3},"title":"NNPC debunks Fuel Scarcity Rumours: \u2018We have over 1bn liters of Petro in stock\u2019","author":"Brand Spur","date":"April 12, 2019","format":false,"excerpt":"Nigerian National Petroleum Corporation (NNPC) has once again appealed to Nigerians to disregard trending social media report of an impending fuel scarcity due to the purported refusal by some oil marketers to lift products from depots. The Corporation\u00a0in a release this evening by its Group General Manager, Group Public Affairs\u2026","rel":"","context":"In &quot;Business &amp; Economy&quot;","block_context":{"text":"Business &amp; Economy","link":"https:\/\/brandspurng.com\/category\/business-economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/brandspurng.com\/wp-content\/uploads\/2017\/12\/NNPC-Tankers-brandspurng.jpg?fit=800%2C432&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/brandspurng.com\/wp-content\/uploads\/2017\/12\/NNPC-Tankers-brandspurng.jpg?fit=800%2C432&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/brandspurng.com\/wp-content\/uploads\/2017\/12\/NNPC-Tankers-brandspurng.jpg?fit=800%2C432&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/brandspurng.com\/wp-content\/uploads\/2017\/12\/NNPC-Tankers-brandspurng.jpg?fit=800%2C432&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":16826,"url":"https:\/\/brandspurng.com\/2018\/02\/17\/nnpc-rewards-bovas-for-adhering-to-n145-litre-fuel-price\/","url_meta":{"origin":39814,"position":4},"title":"NNPC Rewards BOVAS For Adhering To N145\/Litre Fuel Price","author":"Brand Spur","date":"February 17, 2018","format":false,"excerpt":"Group Managing Director of the Nigerian National Petroleum Corporation, Dr Maikanti Baru, has on Wednesday, called on fuel marketers across the country to make life easy for Nigerians by sticking to the official pump price of N145 per litre of petrol. 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