NEITI to investigate daily petrol consumption figure | TheCable

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NEITI to investigate daily petrol consumption figure | TheCable
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.nigeriaeiti to investigate daily petrol consumption figure | TheCable

conduct a study to ascertain the accurate fuel consumption in the country.

The figure was challenged by the Nigerian Customs Service which claimed that the national oil firm “lifts 98 million litres into the market”. “We think we need to have an empirical figure and that is why NEITI is commissioning a study on the actual PMS consumption in Nigeria.“We have every reason to believe that the figure may be less than what is being projected and the removal of subsidy has also removed all the incentives for hiking this figure in a manner that lacks empirical and logical reason.”

“For a very long time, my disposition has been for the removal of subsidy. And this government, right from day one, has taken that bold step. There shouldn’t be any going back.

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