Even with the fuel deal, the country still has a monthly shortfall of 220,000 metric tonnes, which points to a lucrative opportunity for other players outside the G-to-G deal. “The aggregate supply qualified for all importers amounted to 730,000 metric tonnes per month while the assessed national requirement was 950,000 metric tonnes. No details of how the supply shortfall of 220,000 metric tonnes would be met,” reads the Auditor-General’s 2022/23 report on the national government. “Based on the evaluation of documents provided during the audit, an in-depth audit will be carried out on importation of petroleum products for the local and transit markets under the G-to-G arrangement. He said that the vessel was loaded with 93,460.46 metric tonnes of diesel from the Port of Yanbu Samref TMNL in Saudi Arabia.
