Home News Finance Customs Auction 26,625 Litres of Seized Petrol At N9000/25-litre Keg In Cross River
FinanceNews

Customs Auction 26,625 Litres of Seized Petrol At N9000/25-litre Keg In Cross River

774
Customs Auction Petrol
Descriptive Image| Gettyimages

The Nigeria Customs Service (NCS) Cross River/Akwa Ibom Command has auctioned 26,625 litres of seized petrol to the public. This is according to the National Coordinator of Operation Whirlwind, Controller H.K. Ejibunu, who announced the auction in Calabar on Monday.

The seized petrol, which was intercepted five days ago, was auctioned at a discounted rate of N9000 per 25-litre keg. The petrol had been smuggled in 1,065 kegs, with a duty-paid value of N40,054,125. The kegs were seized across various locations, including Agbalagba-Ikom, Akansoko Road, and Ikom-Ogoja Road.

According to Ejibunu, the seizure followed recent interceptions in zones A and B, covering Lagos and Kebbi states. The operation was coordinated by the Office of the National Security Adviser and the NCS, in collaboration with the Nigerian Midstream and Downstream Petroleum Regulatory Authority. The auction was reportedly approved by the Controller-General of Customs, Bashir Adeniyi.

Ejibunu stated that the NCS will continue to target petrol smuggling activities and enforce the law against those involved.

He said: “We will continue to go after them as economic saboteurs, as there’s no place for their illegal activities.”

Read alsoDangote Accuses Government of Sabotage, Offers to Sell 650,000 BPD Dangote Refinery To NNPC

After WAW Story, NSIB To Investigate Max Air Boeing 737 Landing Tyres Burst

Tanzanian Information Minister Dismissed For ‘Joking’ He Does Not Mind Rigging Elections

About The Author

Related Articles

NewsPoliticsWorld

Tinubu’s Kenya Comparison Raises Questions as Nigerians Earn Far Less Despite Rising Fuel Costs

The backlash that greeted President Bola Tinubu’s “thank God” moment in Yenagoa...

NewsPoliticsWorld

Nigeria’s Electoral Body Under Fire as INEC Chairman Faces Allegations of Digital Footprint Linked to Pro-Tinubu Political Perception

The Independent National Electoral Commission (INEC) has dismissed allegations circulating on social...

FinanceNewsWorld

World Bank Praise for Tinubu Reforms Collides With 63 Percent Poverty Reality in Nigeria

Nigeria’s economic direction under President Bola Tinubu is marked by worsening living...