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Fuel consumption figures unbelievable —Lamido Sanusi

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NAIJA NEWS: Fuel consumption figures unbelievable —Lamido Sanusi [New Naija News] » Naijacrawl
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The former governor of the Central Bank of Nigeria, Lamido Sanusi, has said the claim by the Nigerian National Petroleum Company that Nigeria consumes 66 million litres of fuel daily is simply “unbelievable.



Sanusi queried the supposed volume of Nigeria’s daily consumption of petrol. We need to do a high standard audit of every penny spent on the NNPC.

He said, “In 2019, officially we were importing 40 million litres per day. In 2022 officially, we were importing 66 million per day. In three years, we have increased our petrol consumption by 50%.

Please tell me, is it the population? Is it the number of cars? Just ask yourself if it makes sense that in three years you increase your consumption of petrol by 50%. Are we drinking petrol?

“The NNPC says we are consuming 66 million litres per day, so we are consuming more than Indonesia, Pakistan, Egypt, Cote d’Ivoire and others.

“We need to ask NNPC to document and bring evidence for every dollar they took as subsidy. They must give the ships that came and we can verify from the insurance companies if those ships were in Nigeria on those dates.

“That is what the law says. There must be proof that the product came in, at the price you said you bought it, before you pay subsidy,” he added.

He further stated that with the current state of the economy, it would not be easy to fix.

lamenting the current hardship Nigerians are facing &said until the government is transparent & credible towards the citizens, it has no right to impose such hardship on the citizenry.

He said, “Until we bring credibility and transparency to the management of public finance, no government has the moral right to impose hardship on Nigerians. They have suffered enough.

You cannot with this level of debt service, collapse in revenue and poverty overturn things just like that. We have to take corrective decisions and first close out inflated and false numbers.Nigeria needs a leader who understands the economy.




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Naija News

Kano Assembly Sets to Restore Dethroned Emir; Sanusi

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NAIJA NEWS: Kano Assembly Sets to Restore Dethroned Emir; Sanusi [New Naija News] » Naijacrawl
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The Kano State House of Assembly has initiated the process of amending the Kano State Emirs (Appointment and Deposition) Law, responding to growing calls for the reinstatement of the deposed 14th Emir of Kano, Muhammad Sanusi.The decision to amend the law was taken after the Majority Leader, Hussien Dala, who represents the Dala constituency, proposed the motion during a plenary session on Tuesday.According to Daily Trust, the law was first amended in 2019 amidst te...
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We might Re-enthrone Sanusi - Kwankwaso

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NAIJA NEWS: We might Re-enthrone Sanusi - Kwankwaso [New Naija News] » Naijacrawl
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Engr. Rabiu Kwankwaso, the presidential candidate of the New Nigeria Peoples Party (NNPP), says the incoming government in Kano will revisit the dethronement of Muhammadu Sanusi as the Emir of Kano and might re-enthrone the dethroned monarch. Abdullahi Ganduje, outgoing governor of the state, dethroned Sanusi, 14th emir of Kano, in 2020, over allegations of insubordination.Aminu Bayero, son of the late Ado Bayero and emir of Bichi, was installed as Sanusi’s replacem...
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Naija News

Nigeria more divided than Civil War era – Sanusi

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NAIJA NEWS: Nigeria more divided than Civil War era – Sanusi [New Naija News] » Naijacrawl
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The former Governor of the Central Bank of Nigeria, Muhammed Sanusi, has said Nigeria has never been this divided since the Civil War of 1967 to 1970.He said the country, because of the elections, was now “dangerously divided along ethnic and religious lines”, adding that it had put the integrity of public institutions in question.“The people now have suspicions about policies, policing, judiciary and the election umpire,”Sanusi made the remarks on Tuesday at the th...
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