Nigeria’s top 10 richest states have accounted for nearly half of petrol subsidy in the country, which alludes to the fact that the poorest states have not benefited from the payment of petroleum subsidy in the country.

A BusinessDay Fact Check on the assertion of the Governor of Edo State that one-third of states in Nigeria consume two-thirds of subsidies has found it to be accurate.

According to the latest official data sourced from the Nigerian Bureau of Statistics (NBS) Q3 ‘2019, Lagos, Kano and Ogun led the chart of petrol consumption across the top 12 states (one-third of total states in Nigeria) including the FCT with approximately 739 million, 459 million, and 278 million liters of petrol consumed within three months, respectively. This represented 15 percent (Lagos), 9 percent (Kano), and 6 percent (Ogun) of total consumption across all states. Niger, Oyo, Delta, Rivers, FCT, Zamfara, Kaduna, Enugu, and Adamawa states made up the list in that order.

A report submitted to the Federal Account Allocation Committee (FAAC) by the Nigerian National Petroleum Corporation (NNPC) also notes that between January and December 2021, N1.15 billion was spent by the country on petroleum subsidy. A similar amount – N752 billion was spent by the country in 2019 with an estimated monthly average of N150billion spent, according to NNPC’s 2019 report.

In 2019, the top 10 richest states in the country are Lagos, Delta, Osun, Ogun, Oyo, Edo, Ondo, Anambra, Kwara, and Bayelsa states. These altogether got a total amount of N502 billion in petrol subsidy, representing nearly half of total petrol subsidy in the year.

Source: https://businessday.ng/energy/article/nigerias-top-10-richest-states-gulp-nearly-half-of-petrol-subsidy/

CC: Mynd44 Lalasticala

woto woto

Elsanchez:
woto woto

Why?

Na them get the country na.

How much of the fuel purchased in Lagos State is consumed inside the State.

Those states whch are transit states e.g Ogun , Ondo Oyo have vehicles refill their tanks that are on their way to other states

All the tankers and trailers leaving the ports in Lagos leave the state with petrol in their tanks