Categories: Business

FORENSIC AUDIT OF FUEL SUPPLY AND SUBSIDY MANAGEMENT

In the meantime, The Nigerian National Petroleum Company Limited has offered to submit itself for a forensic audit of fuel supply and subsidy management, insisting that the daily fuel supply is 68 million litres.

The NNPC disclosed this on Sunday in a statement signed by Garba Muhammad, Group General Manager, Group Public Affairs Division, NNPC.

The statement explained that between January and August, the total volume of petrol imported into the country was 16.46 billion litres, which translated to an average supply of 68 million litres per day.

NNPC said import in 2021 was 22.35 billion litres, translating to an average supply of 61 million litres per day Concerning Cost,the NNPC disclosed  that the average international market determined landing cost in quarter two of 2022 was $1,283 per metric tonne and N46 per litre approved marketing and distribution cost.

VOP Lagos

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