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Massive fuel smuggling persists amid opposition to border restriction

Punch Newspapers Sections Published 3:42 am Amid the continued smuggling of petroleum products out of the country to neighbouring countries including Cameroun, the Nigeria Customs Service has said its restriction of fuel supply along borders is being opposed by communities and marketers. The PUNCH had reported on March 29 that the supply of petrol by the Nigerian National Petroleum Corporation, which is the sole importer of the product into the country, had risen above the pre-COVID-19 levels, crossing 70 million litres daily in the fourth quarter of last year. The corporation said 2.25 billion litres of petrol were sold and distributed in December, translating to 72.72 million litres per day as against 57.44 million litres in November.

Of Dangote and Near Absolute Monopolies, By Cheta Nwanze

Of Dangote and Near Absolute Monopolies, By Cheta Nwanze
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