Why we banned fuel supply to border areas – Customs chief | Ripples Nigeria
Latest Politics Top Stories

Why we banned fuel supply to border areas – Customs chief

SURVEY: PDP controls the Buhari/APC govt. Do you agree?

The Comptroller-General of Customs, Hameed Ali, has explained why Customs banned fuel supply to filling stations close to the land borders.

He told the House of Representatives Committee on Customs during the 2020 budget defence that the decision was to stop the smuggling of the products to neighbouring countries by marketers.

He said: “They (marketers) get approval to discharge the products legitimately in the day, but at night, they siphon it out. This has been going on for a long time.

“Now, we restricted supply to 20km before the border. Let’s monitor the outflow. We want to know where the outflow is coming from.

“But we suspect these filling stations at the border are being as the conduit to siphon petrol and sell double the price to neighbouring countries.

READ ALSO: Inside the proposed hate speech bill. 5 things you need to know

“Petrol is sold at N395/litre, but they buy from Nigeria at less than N145/litre.

“With this border closure, it has jumped to N600/litre. Meaning, we are the one subsidising petrol for neighbouring countries.

“So, marketers are making a kill. It’s attractive to take petrol out and sell there.”

Latest posts by Ripples Nigeria (see all)

Join the conversation


About the author

Ripples Nigeria

We are an online newspaper, very passionate about Nigerian politics, business and their leaders. We dig deeper, without borders and without fears.

Do NOT follow this link or you will be banned from the site!
/* ]]> */