NMDPRA Contradicts NNPCL, Minister On Daily Gas Consumption, Subsidy
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) reports that Nigeria consumes 62.9 million liters of cin per day.
NMDPRA Finance and Accounting Officer Adebayo Adeniyi disclosed this during his appearance before the House of Representatives Finance Committee on Monday in Abuja.
He said the agency arrived at the figure based on official trucks leaving the depots.
“The average daily truck transport in 2022 is 62.95 million liters per day. This from the actual truck-out,” Mr. Adeniyi said.
He added that "what we have given you is what is possible to get as a real outlet truck. When we say trucking, we mean from drop-off to outlets. I don't know not where other numbers may come out. I can't speculate on that."
NMDPRA contradicts NNPCLThe NMDPRA figure joins the list of figures given by federal government agencies on daily gasoline consumption in Nigeria.
An ad hoc House committee is currently studying the actual consumption figures for the country.
The agency's figure is around five million liters lower than that published by the Nigerian National Petroleum Company Limited (NNPCL).
In a statement on Sunday, NNPCL said that in 2022, Nigeria will consume an average of 68 million liters per day.
NNPCL's statement came days after the Nigeria Customs Service (NCS) questioned its (NNPCL) claim that the country consumes 64 million liters of gasoline a day.
NCS Comptroller General Hameed Ali, in a session with the House Finance Committee last Thursday, questioned why the NNPCL was lifting 98 million liters of gasoline per day if daily consumption was of 64 million liters.
NMDPRA differs from Minister of Finance on subsidies
According to Mr Adeniyi, petrol will sell for 272 naira per liter if the subsidy is removed.
He said that even if deregulation is inevitable, without subsidy, the retail price of petrol would be 272 naira per litre.
READ ALSO: Customs challenges NNPC's daily fuel consumption claim of 60 million litersThis figure contradicts the one that the Minister of Finance and National Planning, Zainab Ahmed, presented to the committee investigating daily gasoline consumption.
Ms Ahmed had said the government was paying N283.2 per liter as petrol on the open market costs N448 per litre.
The lack of consistent agency numbers has been heavily criticized by lawmakers.
Commission vice-chairman Saidu Abdulahi (APC, Niger), who chaired the hearing, said the agencies were misleading the public with confusing numbers.
“Even yesterday, the figure quoted by NNPC Limited does not match your figure. You have to reconcile your position,” Mr. Abdulahi said.
He decided that the agencies should reconcile through a meeting of concerned individuals and organizations in the oil industry.
Support the integrity and credibility journalism of PREMIUM TIMES Good journalism costs a lot of money. Yet only good journalism can guarantee the possibility of a good society, an accountable democracy and a transparent government. For free and continued access to the best investigative journalism in the country, we ask that you consider providing modest support to this noble endeavour.
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) reports that Nigeria consumes 62.9 million liters of cin per day.
NMDPRA Finance and Accounting Officer Adebayo Adeniyi disclosed this during his appearance before the House of Representatives Finance Committee on Monday in Abuja.
He said the agency arrived at the figure based on official trucks leaving the depots.
“The average daily truck transport in 2022 is 62.95 million liters per day. This from the actual truck-out,” Mr. Adeniyi said.
He added that "what we have given you is what is possible to get as a real outlet truck. When we say trucking, we mean from drop-off to outlets. I don't know not where other numbers may come out. I can't speculate on that."
NMDPRA contradicts NNPCLThe NMDPRA figure joins the list of figures given by federal government agencies on daily gasoline consumption in Nigeria.
An ad hoc House committee is currently studying the actual consumption figures for the country.
The agency's figure is around five million liters lower than that published by the Nigerian National Petroleum Company Limited (NNPCL).
In a statement on Sunday, NNPCL said that in 2022, Nigeria will consume an average of 68 million liters per day.
NNPCL's statement came days after the Nigeria Customs Service (NCS) questioned its (NNPCL) claim that the country consumes 64 million liters of gasoline a day.
NCS Comptroller General Hameed Ali, in a session with the House Finance Committee last Thursday, questioned why the NNPCL was lifting 98 million liters of gasoline per day if daily consumption was of 64 million liters.
NMDPRA differs from Minister of Finance on subsidies
According to Mr Adeniyi, petrol will sell for 272 naira per liter if the subsidy is removed.
He said that even if deregulation is inevitable, without subsidy, the retail price of petrol would be 272 naira per litre.
READ ALSO: Customs challenges NNPC's daily fuel consumption claim of 60 million litersThis figure contradicts the one that the Minister of Finance and National Planning, Zainab Ahmed, presented to the committee investigating daily gasoline consumption.
Ms Ahmed had said the government was paying N283.2 per liter as petrol on the open market costs N448 per litre.
The lack of consistent agency numbers has been heavily criticized by lawmakers.
Commission vice-chairman Saidu Abdulahi (APC, Niger), who chaired the hearing, said the agencies were misleading the public with confusing numbers.
“Even yesterday, the figure quoted by NNPC Limited does not match your figure. You have to reconcile your position,” Mr. Abdulahi said.
He decided that the agencies should reconcile through a meeting of concerned individuals and organizations in the oil industry.
Support the integrity and credibility journalism of PREMIUM TIMES Good journalism costs a lot of money. Yet only good journalism can guarantee the possibility of a good society, an accountable democracy and a transparent government. For free and continued access to the best investigative journalism in the country, we ask that you consider providing modest support to this noble endeavour.What's Your Reaction?
