The Group Managing Director , NNPC, Maikanti Baru, said the multiplication of filling stations had energised unprecedented cross- border smuggling of petrol to neighbouring countries , making it difficult to sanitise the fuel supply and distribution matrix in Nigeria .
Baru disclosed this when he led a management team of the corporation on a visit to the Comptroller - General of the Nigerian Customs Service , Col . Hameed Ali (Retd), according to a statement issued on Sunday by the firm ’ s Group General Manager, Group Public Affairs Division , Ndu Ughamadu .
Baru revealed that detailed study conducted by NNPC indicated strong correlation between the presence of the frontier stations and the activities of fuel smuggling syndicates.
He said the activities of the smugglers led to the recent abnormal surge in the evacuation of petrol from less than 35 million litres per day to more than 60 milion litres per day , which was in sharp contrast with established national consumption pattern.

http://punchng.com/nnpc-spends-n774m-daily-subsidising-petrol-baru/

Nigerian Petroleum conundrums

Was it budgeted for?

Is Nigeria a fraud?

Omeokachie:
Was it budgeted for?

Not in 2017 budget as far as I know

This Baru is a criminal, the fuel we are buying at N220?

This is a joke right?

This government still remains the most fraudulent & criminal-minded so ever seen in Nigeria.After all the denials about the subsidy issue now they went via the back door to introduced same without appropriation by the NASS
Even @ that,petrol is not readily available but when that is not the case,Nigerians pay through their nose.All those silly Ojota hypocrites rioters have a day with karma.

Lalasticlala Iam confused

this shows that EnoughIsEnough and other 2012 Anti-Fuel Subsidy campaigners are ACCREDITED FRAUDS.

and what av you idiots done with the money since you removed the subsidy...
bunch of ndi ara