The Nigerian National Petroleum Company Limited on Sunday insisted that daily supply of Premium Motor Spirit, popularly called petrol, across the country was 68 million and offered to submit itself for forensic audit of PMS supply and subsidy management.
On Friday The PUNCH reported that the Comptroller-General of Nigeria Customs Service, Col. Hameed Ali (retd.), said NNPC could not justify the volume of petrol being consumed in Nigeria daily to warrant the over N6.34tn subsidy payment on the commodity annually.
Ali had argued that the NNPC could not scientifically prove the 98 million litres/day consumption it was claiming, alleging that the nation’s oil company was supplying an excess of 38 million litres of PMS daily.
But in a statement issued in Abuja on Sunday by the Group General Manager, Group Public Affairs Division, NNPC, Garba-Deen Muhammad, the oil firm stated that between January and August 2022, “the total volume of PMS imported into the country was 16.46 billion litres, which translates to an average supply of 68 million litres per day.”
It added “Similarly, import in the year 2021 was 22.35 billion litres, which translated to an average supply of 61 million litres per day.”
The company said the average daily evacuation (depot truck out) from January to August 2022 stood at 67 million litres per day as reported by the Nigerian Midstream and Downstream Petroleum Regulatory Authority.
It said daily evacuation (depot loadouts) records of the NMDPRA do carry daily oscillation ranging from as low as four million litres to as high as 100 million litres per day.