Headline

We Don’t Know Exact Daily Fuel Consumption – FG

Published

4 years ago

March 27, 2022

…Petrol still smuggled out of this country, marketers say

As a country, we still cannot tell the exact volume of Premium Motor Spirit, popularly called petrol, which we consume on a daily basis, the Federal Government has said.

It stated this just as oil marketers explained that Nigeria’s inability to give a definite figure on the amount of petrol it consumes daily was due to the continued smuggling of PMS out of the country.

The Minister of State for Petroleum Resources, Chief Timipre Sylva, stated that the Nigerian National Petroleum Company Limited had also agreed that Nigeria could not tell the exact amount of petrol consumed across the country daily.

He disclosed this in an interview with his media team, led by his Senior Adviser, Media and Communications, Horatius Egua, which was made available to our correspondent in Abuja on Friday.

Asked to react to the N3tn fuel subsidy proposal by NNPC, amid concerns about the country’s PMS consumption figure, Sylva replied, “I would have preferred that this question be directed to the NNPC.

“I have made my views known about this issue in the past. NNPC has agreed with me that they are not certain about the exact consumption figure.”

He said the truth was that if the country’s petroleum products were smuggled outside the country, nobody could say what volume was involved today, tomorrow or next week, adding that NNPC could not say they know these figures.

“It’s more or less fueling a criminal economy. The NNPC imports the products, and nobody knows the exact destination of the products at the end of the day,” Sylva stated.

He added, “The imported products come to Nigeria, and from there filters out of our borders to neighbouring countries.

“So, as a country, we cannot tell the exact volume of petroleum products that we consume on a daily basis. All we have been doing is to assume the level of consumption over a period and work with that.”

He, however, expressed belief that the NNPC probably had a better answer to this, stressing that “personally, I dont.

“I have said this publicly before that I don’t know the figure. When I assumed office, initially I was told that our daily consumption was 66 million litres.

“Then, when fuel prices increased from N145 to N162, the consumption figure temporarily fell to about 40 something million litres per day, because the arbitrage opportunity reduced,” Sylva stated.

He added, “Then the value of the naira dropped again, and the number went up again to over 60 million litres. I am told the figure sometimes rise to as high as 90 or over 100 million litres. I don’t know how that happens.

“At this rate, I have said if anyone is looking at a criminal enterprise, look no further than the fuel subsidy.”

This, the minister said, was why he had continued to advocate the removal of fuel subsidy from the country’s PMS pricing template and deregulate.

He said the President, Major General Muhammadu Buhari (retd.), had done everything to resolve the issue, including the closure of the country’s borders with neighbouring countries, yet the criminality was not stopped.

“The truth is that what the President could do was to close the ‘formal’ borders. What about the illegal routes?,” Sylva asked.

On what could be done, the minister said if the subsidy component was taken out through deregulation, smuggling of PMS to neighbouring nations would cease.

“Of course, we need the market from there. But now we are punishing ourselves because every litre we import at our expense will always find its way outside the country,” he stated.

He added, “Now, the government is trying to subsidise our citizens so that our people will at least get the benefit of the subsidy on petroleum products.

“But, now because of how our borders are, it is very difficult. Now, we are inadvertently subsidising the whole of Africa. This is the thing we cannot handle.”

Also speaking on the matter, the Executive Secretary of the Major Oil Marketers of Nigeria, Clement Isong, told our correspondent that the cheap fuel in the country had remained an incentive to smugglers.

He said, “The higher the price (of petrol) is outside the country and you see prices where they are in the country, the natural response is that normal people such as farmers, okada drivers, transporters, etc, will leave their jobs to go and sell petrol.

“This is because of the mark-up. This is why, particularly in Abuja, you see many people carrying jerrycans of fuel selling them on major roads. This also plays along our borders.

“For as long as the international price continues to rise and we keep our own prices where they are, what will happen is that those countries will suck the products out of Nigeria and you simply will not find the product in Nigeria.”

Isong added, “If you go to those countries, the marketers there will tell you that they are unable to sell because of the product coming from Nigeria is killing their market. This happens in all the countries around Nigeria.”

He stated that the normal supply chain volumes would continue to go down because the products were leaving Nigeria, describing those smuggling out PMS as ordinary everyday citizens.

“This is because they simply make more money buying from here at N162-N165/litre and going across the border to sell at N500/litre. It is more money for them and it is simply the law of economics, called arbitrage, which is a market distortion,” Isong stated.

He added, “And it is what the subsidy on petrol does on Nigeria, a market distortion. Something is worth N500 and you’re selling at N200. Now where you’re supposed to find it at N200 you will not see it because it has moved to where the actual value of N500 is.

“This can also contribute to the scarcity we see in parts of Nigeria. That is why NNPC if it is meant to normally supply 60 million litres per day, for it to keep queues out of filling stations, it will have to increase its supply to 90 to 100 million litres. That’s the problem.”

The MOMAN official said Nigeria must wean itself of fuel subsidy, “because we are killing both our present and future.

“We simply cannot afford it. We are borrowing money for it.”

PUNCH.

Related Topics:#FG NNPC Petroleum Timipre Sylva

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Trump Gives Update On Israel, Hamas Peace Deal

Published

13 hours ago

October 8, 2025

Editor

Trump Gives Update On Israel, Hamas Peace Deal

US President Donald Trump said Wednesday that he may go to the Middle East at the end of this week as a peace deal between Israel and Hamas in Gaza is “very close.”

Trump said during an event at the White House that he would “go to Egypt most likely” but that he would also consider going to war-torn Gaza.

“I may go there sometime toward the end of the week, maybe on Sunday, actually. And we’ll see, but there is a very good chance. Negotiations are going along very well,” Trump told reporters at the start of the event.

“Our final negotiation, as you know, is with Hamas, and it seems to be going well. So we’ll let you know, if that’s the case, we’ll be leaving probably on Sunday, maybe on Saturday.”

Near the end of the meeting, US Secretary of State Marco Rubio unexpectedly entered the room and handed Trump a note.

The US president told reporters the note said that “we’re very close to a deal” and that his presence was needed. “I have to go now to try and solve some problems in the Middle East,” he added.

Hamas and Israeli officials are having indirect talks in Egypt on a 20-point peace proposal unveiled by Trump to end the two-year-old war.

– ‘Very close’ –

Trump said as he began the event that he had come off the phone with officials in the Middle East, where his special envoy Steve Witkoff and son-in-law Jared Kushner had just joined discussions in Egypt.

“‘Peace for the Middle East,’ that’s a beautiful phrase, and we hope it’s going to come true, but it’s very close, and they’re doing very well,” Trump added.

“We have a great team over there, great negotiators, and they’re, unfortunately, great negotiators on the other side also. But it’s something I think that will happen.”

Asked if he would consider going to Gaza if a deal happens, Trump replied: “I would, yeah. I would. I might do that. I may do that. We haven’t decided exactly.”

Trump said he would insist on the release of hostages held by Hamas before traveling to the region.

Egyptian President Abdel Fattah al-Sisi said earlier that he had received “encouraging” signs and hailed the support of Trump.

Hamas too expressed “optimism” over the indirect discussions with its foe Israel.

Trump’s plan calls for a ceasefire, the release of all the hostages held in Gaza, Hamas’s disarmament and a gradual Israeli withdrawal from the territory.
AFP

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INTERPOL Arrests Nigerian In Argentina Over Multi-country Romance Scam

Published

20 hours ago

October 8, 2025

Editor

A Nigerian national identified as Ikechukwu N. has been arrested in Argentina for allegedly orchestrating multiple online romance scams targeting thousands of victims across several countries, according to a statement released by INTERPOL on Tuesday.

The arrest was made under Operation Jackal, an INTERPOL-led operation focusing on West African organised criminal groups involved in cyber fraud, money laundering, and related transnational crimes.

INTERPOL announced via its official X handle that Ikechukwu’s arrest marked Argentina’s first arrest of a fugitive under a Red Notice who was simultaneously listed in the organisation’s Silver Notice database — a new project aimed at tracing and recovering criminal assets worldwide.

The statement read: “Argentine authorities have captured Nigerian national Ikechukwu N., marking the country’s first arrest of a #RedNotice fugitive who was also the subject of an INTERPOL Silver Notice. The suspect is accused of orchestrating multiple romance scams involving thousands of women, and leading an international cybercrime network.”

INTERPOL added that the arrest was jointly carried out by the Argentine Federal Police and the Airport Security Police, with assistance from the INTERPOL Financial Crime and Anti-Corruption Centre (IFCACC), the Federal Intelligence Secretariat (FIS), and INTERPOL Brazil.

The Silver Notice project, piloted in January 2025, enables member countries to share intelligence on the location and recovery of illicitly acquired assets linked to transnational crime.

Although details of the victims and total financial losses remain undisclosed, the operation is part of a broader international crackdown on cyber-enabled fraud schemes traced to West African syndicates.

Nigeria has been a focal point of similar investigations. In December 2024, the Economic and Financial Crimes Commission (EFCC) announced the arrest of 792 suspects — including foreign nationals — linked to a crypto-romance fraud ring operating from Lagos.

The syndicate reportedly targeted victims in the Americas and Europe through social media and messaging platforms, promising relationships and fake investment opportunities before defrauding them.

INTERPOL said further investigations into Ikechukwu’s activities are ongoing, with cooperation expected between Argentine authorities, Nigerian law enforcement, and other international partners involved in Operation Jackal.

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Eswatini Jails 10 Africans Deported From US

Published

3 days ago

October 6, 2025

Editor

The African kingdom of Eswatini said it received and jailed 10 more deportees from the United States on Monday as part of a US scheme to expel undocumented migrants.

Eswatini took in a first group of five men in July, with Ghana, Rwanda, and South Sudan also accepting US deportees in recent months in a programme criticised by rights groups.

The tiny southern African nation agreed in May to accept up to 160 deportees in exchange for $5.1 million to “build its border and migration management capacity”, according to a deal signed with the United States and seen by AFP.

Its correctional services department said in a statement Monday it “confirms the arrival of ten (10) third country nationals from the United States of America”.

It did not give details but said they had been “securely accommodated in one of the country’s correctional facilities” and the government would “facilitate their orderly repatriation”.

A US-based attorney representing some of the deportees said the new group included “three Vietnamese, one Filipino, one Cambodian”.

The lawyer, Tin Thanh Nguyen, represents two of the Vietnamese nationals who arrived Monday.

“One of my clients … tried to assert a reasonable fear of harm being deported to Eswatini, but ICE (US Immigration and Customs Enforcement) ignored him and put him on the plane anyways,” he told AFP.

He also represents a Vietnamese and a Laotian who were part of the first group which also included nationals from Cuba, Jamaica and Yemen.

– ‘Legal black hole’ –

The deal that Eswatini signed with the United States on May 14 says that the US deportees may include third country nationals “with criminal backgrounds and/or who are designated suspected terrorists”.

Washington said the first group of men had been convicted of crimes in the United States, including child rape and murder, but their lawyers told AFP that all five had long finished serving their sentences.

Eswatini jailed them in its maximum security Matsapha Correctional Centre which is notorious for holding political prisoners and for overcrowding.

One of them, a 62-year-old Jamaican who had reportedly completed a sentence for murder in the United States, was sent back to his country around two weeks ago.

Nguyen said Eswatini was a “legal black hole” and the deportees were denied legal counsel.

His two clients had been detained since mid-July without a charge, he said.

“I cannot call them. I cannot email them. I cannot communicate through local counsel because the Eswatini government blocks all attorney access,” he told AFP.

Lawyers and civil society groups in Eswatini have gone to court to challenge the legality of the detentions.

A local lawyer on Friday won a court ruling allowing him to visit the four men still detained, but the government immediately appealed, suspending the ruling.

US President Donald Trump has overseen a drastic expansion of the practice of deporting people to countries other than their nation of origin, notably by sending hundreds to a notorious prison in El Salvador.

But rights experts have warned the deportations risk breaking international law by sending people to nations where they face the risk of torture, abduction and other abuses.

Human Rights Watch last month urged African governments to refuse to accept US deportees and to terminate deals already in effect, saying they violated global rights law.

Eswatini, formerly known as Swaziland and landlocked by neighbours South Africa and Mozambique, has been led by King Mswati III since 1986 and his government has been accused of human rights violations.