Categories: Business

MARKETERS, DEPOTS FIGHT OVER 16.6bn LITRE FUEL DIVERSION

Oil marketers and depot owners have clashed over allegations of diversion of 16.6 billion litres of fuel to neighbouring countries.

A top official of the Depots and Petroleum Products Marketers Association of Nigeria, who craved anonymity, stated that the unabated fuel scarcity was partly due to the diversion of products to neighbouring countries by marketers.

According to the source, about 46 million litres of petrol is being diverted daily.

This means about 16.6 billion litres is allegedly being diverted annually.

The diversion allegation came on the heels of the return of long queues at filling stations across the country.

Findings showed that Nigeria consumes 60 million litres of petrol daily.

VOP Lagos

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