Nigerians consumed 46.3 ml/d of petrol in January

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Fred Ojiegbe

Motorists and sundry consumers in the country burnt 46.3 million liters of petrol in January, pointing at rising overall internal fuel demand in the month as abysmal power supply transfer pressure on micro-generating power units that mainly fire with liquid fuels.

Group General Manager in charge of Group Public Affairs Division of the Nigerian National Petroleum Corporation (NNPC), Dr Kennie Obateru, stated in a release on the corporation’s monthly financial and operations report (MFOR) that petrol supply in the month improved as pipeline vandalism drastically reduced in most sections of the country except the Southwest.

Oracle Intelligence reports that petrol constitutes about 80 percent of total liquid fuel supplies from the NNPC to the domestic market, indicating that total liquid fuel supply by the corporation could hit about 62 million liters in the month.

NNPC declared that it supplied 1.44 billion liters of petrol across the country in the month. It explained the robust supply was to guarantee sufficient volume of products and address fears of scarcity.

In detailing improvements in its distribution operations, NNPC stated that pipeline vandalism which accounts for high volume product losses to spill and thieves drastically reduced in the month; announcing 37.21  percent decrease in cases of pipeline vandalism across the country.

The report indicates that a total of 27 pipeline points were vandalized in January 2021 down from the 43 points recorded in December 2020.

The Mosimi Area accounted for 74 percent of the vandalized points while Kaduna Area and Port Harcourt accounted for the remaining 22 percent and 4 percent respectively.

However, NNPC is continuously working in collaboration with the local communities and other stakeholders to reduce and eventually eliminate the pipeline vandalism menace.