Fuel Consumption: NEITI Sets To Probe Controversial 66.8million Litres Daily figures. - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (A.M)
June 22, 2023
The Executive Secretary, NEITI, Ogbonnaya Orji, disclosed this in Abuja while speaking to journalists on the sidelines of the Stakeholders Validation Workshop on the 2022 Annual Progress Report for Nigeria’s Extractive Industries.
He said the purported daily fuel consumption may be less than presented.
Nigeria’s daily fuel consumption had been controversial.
However, in September last year, the Nigerian Midstream and Downstream Petroleum Regulatory Authority insisted that the country consumes 66.8 million litres of petrol daily.
Recall that upon the emergence of President Bola Ahmed Tinubu, he declared the removal of fuel subsidy removal.
The announcement led to an upward adjustment of petrol pump prices from N195 per litre to over N577 per litre.