The Sokoto/Zamfara Command of the Nigeria Customs Service, has auctioned seized 55,164 litres of Premium Motor Spirit (PMS), according to extant legal guidelines and the approval of the Comptroller Common of Customs, Mr Bashir Adeniyi.
The PMS, popularly generally known as petrol was auctioned to most people at a token of N180 per liter.
The Space Controller, Comptroller Kamal Muhammed, who disclosed this whereas addressing newsmen on the Command headquarters in Sokoto, put the Obligation Paid Worth of the seized merchandise at about N39 million.
The Space Controller defined that the worth distinction of petrol between Nigeria and different West African nations made smuggling of the product a worthwhile enterprise for the smugglers.
“Even with the subsidy removing, Nigeria stays among the many nations with the most cost effective PMS.
“PMS is offered at a mean of N701.99 per liter in Nigeria, whereas in Cameroon, it’s offered at N2,061.55, in Mali at N2,128.20, and within the Republic of Benin at N1,672.05,” he said.
Muhammed added that the smuggling of petrol has continued to create synthetic shortage in some components of the nation.
Comptroller Muhammed nevertheless assured that the Service would proceed to guard Nigeria’s financial pursuits with dedication, justice, and integrity.
