There are 2,201 petrol stations in Nigeria’s porous border towns and coastal frontiers, with a combined fuel tank capacity of 144.9 million litres.
The shock discovery has made the Nigerian National Petroleum Corporation (NNPC) to sound the alarm bells that an unprecedented cross-border smuggling of petrol to neighbouring countries is ongoing, making it difficult to sanitise the fuel supply and distribution matrix in the country.
And the NNPC that spent over $5.8 billion to import petrol since December 2017, is losing N744 million per day.
No comments:
Post a Comment