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No records for imported fuel – Report – Daily Trust

November 23, 2009 by Bunmi Awolusi 

There are no records to account for this country’s massive but haphazard importation of petroleum products, according to an official survey carried out last week.

The survey, carried out by a Federal Government team led by engineers from Telemetry Nigeria Limited, consultants to the Nigeria Extractive Industries Transparency Initiative [NEITI] and the British Department for International Development [DFID] on oil measurement survey, found that the downstream oil sector operates completely in the dark. No records are kept for the total amount of oil being imported into the country or distributed by the different depot, the survey found.

The survey, which was intended to investigate oil measurement in both the downstream and upstream oil sectors, was sponsored by NEITI and DFID.

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Source website: Daily Trust


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