Sanusi queries NNPCL’s 66 million litres consumption figures

A former Governor of the Central Bank of Nigeria, Sanusi Lamido Sanusi, has queried the Nigerian National Petroleum Company Limited on the claim that Nigerians consume 66 million litres of petrol per day.

The former Emir of Kano raised the query on Saturday at the Kaduna Economic and Investment Summit in Kaduna.

Sanusi asked: “Are we drinking the petrol?”

In his Keynote Address at the annual event organised by the Kaduna State Investment Promotion Agency, he lamented the bogus amount spent on subsidy payment annually, demanding that the NNPCL should be unbundled and disbanded.

He said the company only served as a cash cow for a few Nigerians.

Sanusi said: “NNPC tells us officially that we are consuming 66 million litres per day….

“We are consuming more than Indonesia, Pakistan, Egypt, Cote d’Ivoire, more than Kenya.

“In 2019 officially, we were importing 40 million litres per day.

“In 2022, officially, we are importing 66 million per day.

“In three years, we have increased our petrol consumption by 50 per cent.

“Please tell me, is it the population?

“Is it the number of cars?

“Just ask yourself if it makes sense that in three years you increase your consumption of petrol by 50 per cent.

“Nigeria has continued to be a rentier state.

“It does not exist for development, but as a site of rent and extraction to make those who control the state rich to turn them into billionaires overnight.”