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NNPC: SMUGGLERS CONSUME 54 MILLION LITRES OF PETROL


The Nigerian National Petroleum Corporation has said Nigerians and neighbouring countries that benefit from smuggling consume 54 million litres of petrol.

 

The Group Managing Director of the NNPC, MELE KYARI, said this at an interactive hearing.

 

KYARI said the corporation did not know the exact litres of petrol being consumed in the country per day.

 

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.

 

The NNPC boss told the senators the subsidy payment covered every litre evacuated from the depot but that not all the product got to the end user.

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