Oil marketers and depot owners have disputed allegations of diversion of 16.6 billion litrelitersuel to neighneighboringtries.
A top official of the Depots and Petroleum Products Marketers Association of Nigeria, who craved anonymity, told reporters that the unabated fuel scarcity was partly due to the diversion of products to neighneighboringtries by marketers.
According to the source, about 46 million liters are diverted daily.
This means about 16.6 billion litreliterslaregedly being diverted annually.
Findings showed that Nigeria consumes 60 million litrelitersetrol daily.
“We had a meeting with the PPMC some weeks ago, and part of the complaints was that the volume we load is too high, forcing them to reduce the volume they give to us. From their records, they said marketers loaded 106 million litrelitersday as of April. Nigeria consumes 60 million litrelitersday, where are the remaining litrelitersuel going? They are taken outside the country. That’s a product Nigeria is paying heavily to subsidize marketers who are busy taking it out and denying Nigerians full benefits of what they pay for,” our source said.
The diversion allegation came on the heels of the return of long queues at filling stations across the country.
