NEC Directs NNPC, Finance Ministry to Audit Daily Petrol Usage

NNPC worried over encroachment on pipeline’s right-of-way

Nigerian National Petroleum Corporation (NNPC) is to undertake a study, to determine the actual number of litres of petrol being consumed daily in Nigeria.

National Economic Council (NUC) mandates NNPC to undertake the study, following the disputes over the volume of petrol consumption.

NNPC Chief Operating Officer (downstream sector), Henry Obih, who made this known at the ongoing Nigeria oil and gas conference and exhibition in Abuja, says they are asked to work with relevant agencies.

There is controversy over the number of litres of petrol being consumed daily, as figures quoted by the NNPC, department of petroleum resources and Nigeria Customs Service differs.

State governors at the last meeting of the National Economic Council rejected the presentation of NNPC that the daily consumption of petrol has raised from 35 million litres to 65 million litres.

The disagreement is one of the disputes that stalled the sharing of revenue for the month of May from the federation account.

DOWNLOAD THE ROCKCITYFM APP AND LISTEN LIVE

Please subscribe to our newsletter

CONTACT US

Do you have any request or enquiry? Do not hesitate to send us an email and we'll get back to you, asap.

Sending

©2021 RockcityFM The Voice of the People

Need Help? Chat with us
or

Log in with your credentials

or    

Forgot your details?

or

Create Account