With Only N5million, You Can Smuggle Petrol Trucks Out Of Nigeria – Government Official Tells National AssemblyThis information was provided on Monday by Umar Ajia, the Chief Financial Officer of NNPC Limited, who was testifying before a House of Representatives committee looking into fuel subsidies in Nigeria, Premium Times reports.
NNPC Limited CEO Mele Kyari's representative, Ajia claimed that several West African and Central African nations have stopped importing petroleum products and now only rely on illegal goods from Nigeria. “PMS crosses everywhere, to Cameroon through the North-east, Nigerian PMS gets to Mali. Our neighbouring countries hardly import PMS. In fact, some of them do not have the cover to back up imports.
Ajia attributed the smuggling to the arbitrage that occurs as a result of Nigeria's subsidy. He mentioned that every litre of fuel costs the Nigerian government N209 in subsidies. Ajia revealed that the subsidy scheme also includes a foreign exchange component in addition to price discrepancies.
Nigeria is apartheid state failed state UN Separate Biafra from Nigeria
In a sane country you have situation room all tankers have trackers you track them and check them in in every state boarder till they get to it's destination or make all register with nnpc let nnpc track all then monitor movement from situation room .
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Really so cheap
How much to smuggle crude oil?.
Who are those that have been collecting money, they have to be prosecuted
Same as stated 'organized crime' there's no way people at the top cannot get involved. They're all pretenders in disguise.
The N5m is too much, the mere presence of the almighty Alhajis at the northern border can do the job followed with rankaded Alhaji from the customs officers.
You mean one can do that in Buhari's Nigeria? How Tinubu government go be?
Na God go punish dis evil people wey dey spoil dis great country just becos of their selfish aim Obidatti2023
Looking at this picture, we obviously thought that in a country of 200 million, this as opposed to pipelines or specialised Rail carriages was the best way. SMH
fraction again
continue above year smell space copy solution
Lmao. Nigeria top to bottum
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