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Nigeria Customs to auction seized petrol at ₦400 per litre

News Editor by News Editor
December 30, 2024
in Business
0
Nigeria Customs to auction seized petrol at ₦400 per litre
The Nigeria Customs Service (NCS) has announced the seizure of 15,325 litres of petrol to be auctioned off at ₦400 per litre.

The National Coordinator of Operation Whirlwind, ACG Hussein Ejibunu, said the petrol, when auctioned, will ease transportation hardship during the festive season.

Ejibunu announced during a press briefing held at the Customs Training College, Ikeja, over the weekend.

He highlighted the recent seizure of 613 Jerrycans of petrol with a Duty Paid Value of N27,565,000 by operatives in the Lagos-Ogun axis.

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“This operation has been on since 27 May 2024 and has yielded positive results, as the CGC has urged the operatives to continue sustaining the tempo until the activities of these economic saboteurs are stamped out of this country,” he said.

The Coordinator disclosed that, as directed by the CGC to auction the seized PMS, a court condemnation order and all legal processes have been finalised by the office of the Legal Adviser.

“On this note, the CGC has directed Auctions of the seized product to members of the public at the rate of N10,000 per 25 litres. This will ease the transportation hardship during this festive period,” he concluded.

Tags: Custom
News Editor

News Editor

SUMMIT POST (www.summitpostnews.com) is an Online news medium, powered by Highland Media Ltd. We publish a wide range of content, including Politics, Business, Sports and Entertainment on and about Nigeria, Africa and beyond. Follow us on social media for all the latest news and analysis. Contact us: WhatsApp: +234-803-209-6072; Call: +234-705-252-6124 Email: summitpostnigeria@gmail.com

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