The Nigerian National Petroleum Corporation NNPC says it has imported 9.8 million metric tons of Premium Motor Spirit PMS worth $5.8 billion to combat the fuel crisis that resurfaced since late last year.
This was disclosed by the Group Managing Director of the corporation, Dr Maikanti Baru, during a public hearing by the Senate Committee on Public Accounts at the National Assembly Complex during the week in Abuja.
In a presentation by the GMD who was represented by the Chief Operating Officer, Finance and Accounts, Abdulrazaq Isiaka, the NNPC stated that it carried out the massive importation in fulfilment of its statutory role of supplier of last resort to ensure that Nigerians do not suffer as a result of product unavailability.
According to the GMD, the corporation’s provision of 9.8 million metric tons of petrol so far has helped a great deal in ameliorating the suffering of Nigerians.
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