Former Senate President Bukola Saraki has berated Federal Government’s claims that Nigeria consumes about 70 million litres of fuel daily.
He argued that the country could not consume more than 30 to 40 million litres of fuel daily.
NNPC’s group managing director Mele Kyari had claimed that the country consumed 103 million litres per day in May, going down to 70 million litres the following month.
However, Mr Saraki while speaking on Channels TV noted that some people are benefitting from the inflated figures and there is no way we are consuming 70 million litres.
“We cannot be consuming more than 30 million to 40 million litres and it is obvious there is racketeering in the oil sector,” Mr Saraki asserted.
“Some people are benefitting and there is no way we are consuming 70 million litres, Nigeria is in a problem because a few people are benefiting but the politicians are fixated on the 2023 elections.”
SBM Intelligence had reported that the costs of fuel subsidy under Buhari’s regime between 2017 and 2021 increased by 890 per cent even though fuel prices had only increased by 12.1 per cent.
