A former governor of the Central Bank of Nigeria and vice chairman, Kaduna Investment Promotion Agency, Lamido Sanusi, has said the claim by the Nigerian National Petroleum Company that Nigeria consumes 66 million litres of fuel daily is simply “unbelievable.”

The deposed Emir of Kano said this while delivering his keynote speech at the seventh edition of KadInvest, an annual event organised by the Kaduna State Investment Promotion Agency.

Sanusi queried the supposed volume of Nigeria’s daily consumption of petrol adding that whoever the incoming president would be come 2023 would first 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 are 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.

“Whoever becomes president in 2023, the first thing they should do is ask the 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.

Sanusi further stated that with the current state of the economy, it would be a lie if any candidate claimed it would be easy to fix, adding that Nigerians should avoid voting for such candidates.

He also lamented the current hardship Nigerians are facing and said until the government is transparent and 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.

“Anybody who tells you that it is going to be easy, please do not vote for him, because it is either he is lying to you or he does not know what job he is going to get.

“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.”

The President, Major General Muhammadu Buhari (retd.), last Friday, had said the removal of fuel subsidy was the best decision for the country, considering the current economic challenges, while presenting the N20.51 trillion 2023 budget proposal to the National Assembly.

The President was represented at the event in Kaduna by the Minister of State, Industry, Trade and Investment, Maryam Katagum.

Also present were the presidential candidate of the All Progressives Congress, Bola Tinubu; Kaduna State Governor, Nasir El-Rufai; Aliko Dangote among others.

"Whoever becomes president in 2023, the first thing they should do is ask the 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,”

ratiken:
Nigerians, its time to say enough is enough. The oppressor cannot be the saviour.

The difference between Obi and the other two is like day and night. Anyone with a head on his shoulder should have no issues making a choice of these three candidates.

If Nigerian voters ever repeat the mistake of 2015 in 2023, then hell will dwell amongst men (Nigerians). With the current debt levels, security issues, crude theft, exit of investors, FDI decline, economic collapse and rot in every aspect of the society, the suffering to be experienced cannot be wished on an enemy.

Vote wisely...... NIGERIANS, YOU CANNOT AFFORD NOT TO VOTE WISELY

exmanchristian:
I love Sanusi. One of very few men in the North that speaks without fear or favor .

RepoMan007:
How did this obi save his constituency?
You folks just campaign like zombies. Nobody can do any significant good with this evil structure we run.

DesChyko:



Of all three most popular candidates for 2023, there is only one Nigerians can beat our chests and say with confidence that he will definitely see something like this through. Only one.

Vote wisely.

Jones4190:
people like sanusi should be considered for minister of economy and budget planning.
the man is good

efficiencie:


Dude do you think it is yahoo boys running NNPC? Or do you think it is the likes of MC Oluomo and yoruba touts that are siphoning funds from the NNPC? This shit has been on for a very long time and no one could stop it, not Obasanjo, not GEJ and not Buhari. If these people could not stop it then it is Obi that will stop it. They will just waste him or render his government totally ungovernable to the point that you guys will be beg for him to resign. You folks don't understand Nigerian politics. Only a powerful but benevolent cabal can rule Nigeria successfully. Peter Obi is just one man, that does not have the support of his own people and is not economically powerful enough to be a member of the cabal that call the shots in Nigeria. Plus he cannot do anything meaningful even if we assume that he is a saint and that he means well for Nigeria because he will always have the cabal to contend with.

We have to learn a lesson. We are all we've got. If we, the people, do not rise and form a parallel government as we almost did during the EndSars protests, Nigeria will forever be doomed to be a paradise for the cabal but a hellhole for many.