Is Buhari telling us 64.8 million litres of PMS is smuggled out of Nigeria daily or 1963 trucks and he is the president and can’t salvage the situation?
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.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Hushpuppi, associates used crime proceeds to acquire St. Christopher and Nevis citizenship —US - Punch NewspapersThe most widely read newspaper in Nigeria
Read more »
Economic And Financial Crimes Commission Recovers Trapped N5.4billion For Nigeria's Health Insurance Scheme | Sahara ReportersEconomic And Financial Crimes Commission (officialEFCC) Recovers Trapped N5.4billion For Nigeria's Health Insurance Scheme (NhisNg) | Sahara Reporters
Read more »
Nigeria Police Should Begin Disciplinary Action Against Celebrated Policeman, Kyari Over Fraud Allegations—Falana | Sahara ReportersThe senior lawyer also urged the the police authorities to initiate urgent disciplinary action against the officer in the interim.
Read more »
Nigeria Under Buhari At Mercy Of Bandits, Terrorists – UK Parliament | Sahara ReportersThe parliamentarians cited a recent event where bandits shot down a Nigerian Air Force fighter jet.
Read more »
How Nigeria’s Accountant-General Illegally Withdrew N665billion From Federal Purse – Senate | Sahara ReportersThe Red Chamber said the funds were withdrawn between 2004 and 2015 contrary to the established objectives of the fund.
Read more »
Ahmadu Bello University Fails To Confirm Top Government Official’s Certificate | Sahara ReportersThe name was not reflected nor contained in the university’s Order of Proceedings for 1998/1999, 1999/2000 and 2000/2001 for graduating students.
Read more »