Smuggling of Nigeria’s petrol surges across West Africa, sells for N1,787/litre in Benin, Cameroon others
In recent weeks, Nigeria has witnessed a notable increase in the smuggling of Premium Motor Spirit (petrol), with the product being illicitly transported to neighbouring West African countries where it commands prices as high as N1,700 per litre.
This was confirmed by the Nigeria Customs Service, affirming that while petrol is priced at approximately N701 per litre in Nigeria, it sells for an average of N1,787 per litre in countries like Benin and Cameroon.
Recent data from the Nigerian Midstream and Downstream Regulatory Authority (NMDPRA) between April and May 2024 also revealed substantial changes in petrol evacuation patterns in border states, which is not supported by corresponding economic and demographic changes.
Advisors Reports confirmed that the price disparity between Nigeria and its neighbouring countries has fueled this illegal trade.
Adewale Adeniyi, Comptroller-General of the Nigeria Customs Service, confirmed this latest development during a media interaction in Yola, Adamawa State, on Monday.
According to him, in recent weeks, petrol in Nigeria has been priced at approximately N701 per litre, significantly lower than the average rates in neighbouring countries.
He said, “In the Republic of Benin, petrol sells for an average of N1,672.05 per litre, and in Cameroon, it averages N2,061.55 per litre, as confirmed by the Nigeria Customs Service.
Adewale Adeniyi, Comptroller-General of the Nigeria Customs Service, revealed that the agency has recently launched Operation Whirlwind.
He added that the initiative, conducted under the auspices of the Office of the National Security Adviser, aims to curb the resurgence of smuggling activities.
Adewale Adeniyi, Comptroller-General of the Nigeria Customs Service, reported that within just two weeks of launching “Operation Whirlwind,” the agency conducted a relentless operation that resulted in the interception of a total of 150,950 litres of Premium Motor Spirit (PMS), valued at N105,965,391, across various locations nationwide.
Notably, on Friday, May 31, 2024, a tanker carrying 45,000 litres of PMS was seized in Mubi, Adamawa State.
He detailed further actions, stating that on Saturday, June 1, 2024, another 45,000 litres of PMS in a tanker were also confiscated in Mubi, Adamawa. Between Monday, June 3, 2024, and Friday, June 7, 2024, the Customs Service seized 92,928 litres of PMS in various sizes of jerry cans at different locations in Adamawa State, as well as in Illela, Sokoto, and Agbaragba Creek in Mfum border, Cross River State.
Additionally, the CGC noted significant seizures of 129,185 litres of PMS from individuals engaged in unpatriotic activities aimed at depriving Nigerians of fuel access and causing undue hardship.
