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

Nigeria’s Deepening Poverty Crisis Sparks ADC Concern

139 million Nigerians now live in poverty despite Tinubu’s reforms; rural areas suffer highest deprivation.

Nigeria, COMAC in Talks to Boost Local Airline Fleet

Nigeria and COMAC move closer to an aircraft partnership that could transform local aviation through affordable fleet expansion and training initiatives.

Government Orders 30-Day Deadline for Unused TETFund Grants

Nigeria’s government has issued a 30-day ultimatum to universities and polytechnics to account for unused TETFund allocations or risk severe sanctions.

Tinubu Explains Choice of Amupitan as INEC Chairman

Tinubu defends appointing Prof. Sani Amupitan as INEC chairman, citing his integrity, legal expertise, and focus on electoral reform.

More like this

Nigeria’s Deepening Poverty Crisis Sparks ADC Concern

139 million Nigerians now live in poverty despite Tinubu’s reforms; rural areas suffer highest deprivation.

Nigeria, COMAC in Talks to Boost Local Airline Fleet

Nigeria and COMAC move closer to an aircraft partnership that could transform local aviation through affordable fleet expansion and training initiatives.

Government Orders 30-Day Deadline for Unused TETFund Grants

Nigeria’s government has issued a 30-day ultimatum to universities and polytechnics to account for unused TETFund allocations or risk severe sanctions.