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Nigeria’s daily fuel consumption is unknown – NNPC boss

Enyi Ominyi by Enyi Ominyi
June 17, 2020
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NNPC boss doesn’t know the exact number of litres Nigeria consumes daily

Whatever anyone has told you before now in terms of the number of litres of petrol Nigerians consumes daily is but a guess work.

The truth is, no one is sure, and according to the Group Managing Director of the Nigerian National Petroleum Corporation, NNPC Mele Kyari, not even the state oil company knows the exact litres of petrol being consumed in the country per day.

He, however, said the NNPC has the record of the number of litre being lifted from the various depots every day.

The NNPC boss stated this at an interactive hearing on “Exiting Petroleum Subsidy: Ensuring Self – Sufficiency in Domestic Refining of Petroleum Products”.

The event was organised by the Joint Senate Committee on Petroleum Resources (Upstream and Downstream), on Tuesday evening.

Also, read Buhari’s Govt., Atiku bicker over Nigeria’s debt profile

The national oil firm had put the daily consumption of petrol in Nigeria, based on product evacuation record at the depot, at about 54 million litres.

Speaking at the event, Kyari said, “We don’t know how much petroleum we consume daily in this country but we know how much of the product that is taken out of our depot.

“This year, around 54 million litres of petroleum product are evacuated from the depot daily but the consumption is somewhere below that.

“NNPC has no knowledge of the amount of the product that are transported through Nigeria’s borders to neighbouring countries.

“It is impossible to know, nobody declares it, and therefore as it crosses, it goes.”

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