HomeNewsTo Reduce Festive Transportation, Customs Auction Seized Petrol

To Reduce Festive Transportation, Customs Auction Seized Petrol

Published on


KEY POINTS


  • Auction price to be ₦10,000 per 25 litres.
  • Initiative targets economic sabotage, takes care of the public during holidays.

In a bid to slash down transportation inconvenience that the yuletide season brings, the Nigeria Customs Service (NCS) has stated that it will auction seized Premium Motor Spirit (PMS) to the public at discounted rate.

Speaking with reporters at a media briefing in Ikeja, Hussein Ejibunu, National Coordinator, Operation Whirlwind, explained the initiative.

Affordable fuel for public convenience

Adewale Adeniyi, the Comptroller General of Customs (CGC), said on Thursday that they will auction the seized goods at ₦10,000 per 25 liters. The move is part of the effort of the service to ease transportation cost for Nigerians during the Yuletide.

According to Ejibunu ‘The legal adviser has completed court condemnation orders and all legal processes,’ they said. ‘This will, not only be a deterrent to economic saboteurs but will also provide relief to Nigerians who are going through transportation

‘Ejibunu noted that Operation Whirlwind has been successful since its commencement on May 27, 2024, and operatives will be on, to end economic sabotage, in the country’.

“In this regard, this initiative demonstrates our determination to maintain the tempo against the saboteurs but deal with the citizens during this festive season,” he concluded.

Latest articles

NNPC and Dangote Collaboration to Boost Nigeria’s Oil Sector

Following a months-long standoff, NNPC and Dangote refinery have finally agreed to work together to achieve Nigeria’s energy security and economic development.

Gunman Killed After Deadly Attack on Imo Highway

Security forces killed a gunman linked to the deadly ambush that claimed several lives on the Okigwe-Owerri highway.

Nigeria’s Local AI Startups Rise as Foreign Tech Giants Eye West African Market

KEY POINTS Nigerian AI startups are building localized tech solutions for agriculture, healthcare, and...

EFCC Arraigns Lagos Business Executive Over Alleged $680,000 Fraud

KEY POINTS EFCC arraigned Olalekan Adewoye and his companies for allegedly defrauding a German...

More like this

NNPC and Dangote Collaboration to Boost Nigeria’s Oil Sector

Following a months-long standoff, NNPC and Dangote refinery have finally agreed to work together to achieve Nigeria’s energy security and economic development.

Gunman Killed After Deadly Attack on Imo Highway

Security forces killed a gunman linked to the deadly ambush that claimed several lives on the Okigwe-Owerri highway.

Nigeria’s Local AI Startups Rise as Foreign Tech Giants Eye West African Market

KEY POINTS Nigerian AI startups are building localized tech solutions for agriculture, healthcare, and...