President of the Dangote Group, Alhaji Aliko Dangote, has said that Nigeria’s daily petrol consumption figure is higher than what the country consumes, stressing that the petroleum sector is riddled with corruption.

Dangote said the figure was bloated by some individuals for personal gains, especially during the fuel subsidy era.

However, while marketers agreed with Dangote on Monday that there is corruption in the petroleum sector, they argued that the daily petrol consumption volume fluctuates and cannot be put at a single figure, saying it should be around 40 million barrels per day.

Also, crude oil refiners said there should be fresh findings to determine the country’s real consumption figure; otherwise, the debate and argument would continue for a long time.

Speaking with members of the Global CEO Africa who visited the Dangote Petroleum Refinery recently, Dangote said he did not want to venture into the petroleum sector because of the corruption in the system. According to him, the country’s daily petrol consumption was not up to 40 million litres.