Nigeria Customs to Auction Seized Petrol at N400 Per Litre

Nigeria Customs to Auction Seized Petrol at N400 Per Litre

  • The Nigeria Customs Service (NCS) will auction over 15,000 liters of seized PMS at affordable rates to ease festive season transportation challenges
  • Operation Whirlwind has disrupted fuel smuggling, seizing 613 jerrycans worth over N27.5 million, with legal approvals finalized for public auctioning
  • The initiative aims to alleviate transportation hardships, demonstrating Customs’ commitment to tackling economic sabotage and supporting citizens

The Nigeria Customs Service (NCS) has announced plans to auction over 15,000 liters of seized Petroleum Motor Spirit (PMS) to the public, aiming to mitigate transportation challenges during the festive season.

The initiative, spearheaded by Operation Whirlwind, was unveiled by its National Coordinator, ACG Hussein Ejibunu, during a press briefing at the Customs Training College in Ikeja on Saturday, December 21, 2024.

Customs officials withs seized fuel
The move to auction the seized is in the hope it will bring relief to Nigerians in this festive period. Image: FB/Nigeria Customs
Source: Facebook

ACG Ejibunu detailed the operation’s recent successes, including the seizure of 613 jerrycans of PMS with a Duty Paid Value (DPV) of N27,565,000 in the Lagos-Ogun axis.

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Ejibunu stated:

“This operation, which commenced on May 27, 2024, has consistently disrupted the activities of economic saboteurs. The Comptroller-General of Customs (CGC) has encouraged operatives to sustain their efforts until these illegal practices are eradicated”

Customs announces Petrol to be sold N400/ltr

In line with the CGC’s directive, the seized fuel will be sold to the public at an affordable rate of N10,000 per 25 liters.

The auction process has been legally cleared, with court condemnation orders and other necessary legal formalities finalized through the office of the Legal Adviser.

This initiative is expected to provide relief to Nigerians facing high transportation costs during the festive period.

“The CGC has approved this auction to ease the burden of transportation during the festive season. It is part of our commitment to ensuring that the public benefits from our operations against economic saboteurs,” Ejibunu emphasized.

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Operation Whirlwind, launched earlier this year, has focused on curbing the smuggling of petroleum products and other contraband, with notable achievements in the fight against economic sabotage.

The auction is a direct response to the challenges posed by fuel scarcity and rising costs, particularly during periods of increased travel demand.

Nigeria Customs Releases Update on 2025 Recruitment

Earlier, Legit.ng had reported that applications for a number of officer positions in the Nigeria Customs Service (NCS) were opened on Friday, December 27, 2024. The organisation is taking applications for superintendent, inspector, and customs assistant cadres.

As part of its continuous efforts to improve trade facilitation and aid in the country's economic recovery, the NCS recently announced that it had obtained authority to hire 3,927 officers in 2025.

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Source: Legit.ng

Authors:
Ibrahim Sofiyullaha avatar

Ibrahim Sofiyullaha (Editorial Assistant) Ibrahim Sofiyullaha is a graduate of First Technical University, Ibadan. He was the founder and pioneer Editor-in-Chief of a fast-rising campus journalism outfit at his university. Ibrahim is a coauthor of the book Julie, or Sylvia, written in collaboration with two prominent Western authors. He was ranked as the 9th best young writer in Africa by the International Sports Press Association. Ibrahim has contributed insightful articles for major platforms, including Sportskeeda in the UK and Motherly in the United States. Email: ibrahim.sofiyullaha@corp.legit.ng