The Federal Government disbursed about N173.2 billion for equalizing over 11.6 billion litres of Premium Motor Spirit, popularly called petrol, from 2019
A document from FMPR in Abuja on the ministry’s scorecard since 2019 showed that over N173.2 billion had been disbursed to equalize the cost of petrol nationwide.Other than Abuja and Lagos selling PMS for 179-180 per litre, in many states such as Enugu, Abia, Kogi, Niger, Delta and Edo, the product goes for 230-250 per litre.
He said, “11,622,926,494 litres equalized. N173,200,284,779 equalization paid. 1,277, supplying vessels tracked. 25,525,688,042 litres of total PMS discharged.”
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