NNPC boss, Kyari says litres of oil consumed daily in Nigeria unknown

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NNPC boss, Kyari says litres of oil consumed daily in Nigeria unknown

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has said that the organisation does not know the exact litres of oil being consumed in the country in a day.

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

Kyari stated this at an interactive hearing on “Exiting Petroleum Subsidy: Ensuring Self-Sufficiency in Domestic Refining of Petroleum Products” on Tuesday, 16, June, 2020, organised by the Joint Senate Committee on Petroleum Resources (Upstream and Downstream).

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.

In his words, “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.”

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