NEWS

NBS reports Nigeria imported 20.89bn litres of PMS in 2019

The National Bureau of Statistics (NBS), says the country imported 20.89 billion litres of Premium Motor Spirit (PMS) also known as petrol in 2019.

The NBS made this known in its latest report on petroleum products importations statistics for 2019 released on Wednesday, May 20.

It said that the country also imported 5.15 billion litres of Automotive Gas (AGO); as well as 128.11 million litres of Household Kerosene (HHK) in the period under review.

The NBS said 1.07 billion litres of Aviation Turbine Kerosene (ATK) was imported; as well as 45.98 million litres of Low Pour Fuel Oil (LPFO).

It said 526.06 million litres of Liquefied Petroleum Gas (LPG) were imported into the country in the year under review.

The NBS noted that zonal distribution of truck-out volume for 2019 showed that 20.58 billion litres of PMS, 5.16 litres of AGO and 270.22 million litres of HHK, 1.05 billion litres of ATK and 84.53 million litres of LPFO were distributed nationwide.

Meanwhile, the Federal Airports Authority of Nigeria (FAAN) has revealed that it may not be able to pay the full salaries of members of staff from May 2020; due to economic disruption; as a result of the COVID-19 pandemic.

However, FAAN reassured workers that as soon as the revenue situation improves; the balance would be paid.

1st News gathered that there has been palpable fear amongst workers over salary payment by FAAN; following the suspension of both local and international flights in April.

This is because, with the flight suspension, the main source of revenue of the agency has been shut.

The FAAN announced the decision to cut staff salary in an internal memo with reference number FAAN/HQ/ADMIN/2020O5 dated May 19, 2020; and signed by General Manager, Administration, FAAN, M.D. Musa.

Titled, “Notice on payment of staff salary” addressed to all staff; the memo stated that the measure was to ensure the survival of the organization.

It was learned that junior staff would be paid their full salary; while Senior staff from levels 10 and above would take between 30 to 50 per cent pay cut.

Due to the economic downturn as a result of the pandemic; many airlines had since April cut salary staff by as much as 80 per cent, in addition to asking their workers to proceed on compulsory leave without pay.

Tags

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Close
Close