Petrol: Agency Says NNPC Imported 18bn Litres Of PMS In 2019 - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (F.BA)
January 9, 2020
The Petroleum Products Pricing Regulatory Agency, PPPRAlatest report showed that more than over eighteen billion litres of petrol wassupplied to Nigeria in 2019.
The agency’s Executive Secretary, Abdulkadir Sa’iduconfirmed this in a report, said about one-thousand-six-hundred vessels ladenwith different petroleum products docked in Nigerian waters in 2019.
He applauded the efforts of some marketers for sustainingthe continuous development of the sector despite the inherent global economicchallenges.
Sa’idu re-iterated that the agency will continue to ensuretransparency in the oil and gas value-chain by making available reliable datato strategic government agencies such as NEITI, CBN and NBS for adequateplanning and decision making in the country.
A breakdown of the import figures shows that the NigerianNational Petroleum Corporation, NNPC was responsible for 99.61 percent of thetotal over nineteen billion litres of petrol that was imported while Major OilMarketers of Nigeria, MOMAN imported 0.39 percent in 2019. On the other hand,only more than one-hundred-and-sixty-six million litres of petrol was producedlocally in the same year.