Nigeria Does Not Know Volume Of Its Daily Petrol Consumption Says House Of Reps
House of Representatives has revealed that Federal Government and its various agencies do not have the actual figure of petrol consumption daily in the country.
An Ad-hoc Committee sets up by the House to investigate the actual consumption of petrol, made this known while submitting its report during Wednesday plenary.
The committee said all the agencies have conflicting figures on the Nigeria’s daily consumption of petrol.
The agencies are the Nigeria Customs Service, Nigeria National Petroleum Company Limited (NNPCL), Nigeria Petroleum Regulatory Commission and Nigerian Nidstream Petroleum.
The committee also said the Petroleum Resources Ministry and the office of the Accountant General of the Federation (AGF) also, do not have records of the actual amount of money being paid, as subsidy by Federal Government on imported petrol.
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This came to light just as the House asked the Federal Government to conduct a forensic audit of the Nigeria National Petroleum Corporation Limited (NNPCL) to give clarity to Direct Supply, Direct Purchase (DSDP) programme and the consortiums of DSDP operators to unravel the discrepancies in the importation and supply of Premium Motor Spirit (PMS) from 2015 to date.
The House also stressed the need to expedite the full implementation of the Petroleum Industry Act, 2021 which was expected to provide and address the challenges and the uncertainties within the oil and gas industry including but not limited to the supply, storage and distribution of PMS in Nigeria.
It said the Nigerian Midstream Downstream Petroleum Regulatory Authority (NMDPRA) should be charged with utilising Information Technology (IT) to monitor trucks conveying PMS within locations and compel, through similar technology, a daily datan report on the dispense of the product at all retail outlets/fuel stations, by making it a condition precedent for their continued operation.
