The Department of Petroleum Resources DPR in February 2020 told Nigerians that our Pms consumption was 38.2 million liters per day.
The NNPC also informed Nigerians that it currently spends N120 billion daily as subsidy on the 103 million litres of Premium Motor Spirit consumed across the country everyday. This figures do not add up to the landing cost of petroleum. This means we many be apaying as much as N94 x 103,000,000 per day ~ N290.4 billion per month if we use decide to believe the lies of The GMD of NNPC. Buhari the Petroleum Minister said recently that the activities of the smugglers led to the recent abnormal surge in the evacuation of petrol from less than 39 million litres per day to more than 102 million litres per day, which was in sharp contrast with established national consumption pattern.
We were told we use 38.2 million Liters day by DPR and NNPC told us the figure increased due to smuggling in just a year.
What a sad truth! Nigeria, a scenery of crimes would be appropriate too...
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