How Nigerian National Petroleum Company Has Been Releasing Way More Fuel Than Nigerians Need Daily – Customs | Sahara Reporters

  • 📰 SaharaReporters
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

The Nigeria Customs Service (NCS) has said the Nigerian National Petroleum Company Limited cannot justify the volume of Premium Motor Spirit, otherwise known as petrol, being consumed in the country daily to warrant the over N6.34 trillion subsidy payment. The Comptroller-General of NCS, Col. Hameed Ali (retd.), also said NNPC cannot scientifically prove that Nigerians use 98 million litres per day as being claimed, alleging that the nation’s oil company was supplying 38 million litres in excess of petrol daily.

How Nigerian National Petroleum Company Has Been Releasing Way More Fuel Than Nigerians Need Daily – CustomsThe Comptroller-General of NCS, Col. Hameed Ali , also said NNPC cannot scientifically prove that Nigerians use 98 million litres per day as being claimed, alleging that the nation’s oil company was supplying 38 million litres in excess of petrol daily.

“Scientifically, you cannot tell me that if I fill my tank today, tomorrow, I will fill the same tank with the same quantity of fuel. If I am operating a fuel station today and I go to Minna depot, lift petrol and take it to Kaduna, I may get to Kaduna in the evening and offload that fuel. There is no way I would have sold off that petrol immediately to warrant another load. So, how did you get to 60 million litre per day? That is my problem.

Abonta said in view of the current debate on whether fuel subsidy should be removed or not, the House of Representatives set up the committee to ascertain the product consumption in the country.According to him, the report of the committee will be used by the House as an indicator to perfect the issues surrounding the subsidy.“We are trying to find out the volume of product being consumed in the country daily.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 9. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Clap for them ! Tomorow they will come and tell u how they love NIGERIA . We are watching

Who's paying u this time for these news pls

United States United States Latest News, United States United States Headlines