Customs To Auction Seized Petrol At N400 Per Litre

Nigeria Customs Service (NCS) has said it will auction 15,325 litres of seized premium motor spirit (PMS), popularly known as petrol.

Gatekeepers News reports that NCS said the move is aimed at easing transportation during the festive period.

Hussein Ejibunu, national coordinator of the service’s operation whirlwind made the announcement at a press briefing held at the Customs Training College, Ikeja, Lagos state on Saturday.

Ejibunu noted that the petrol, valued at N27.5 million, was seized during operations in Lagos and Ogun states.

He said Adewale Adeniyi, comptroller-general of customs directed that the products be auctioned at the rate of N10,000 per 25 litres.

The coordinator added that a court condemnation order and all legal processes have been finalised by the office of the legal adviser to aid the auctioning.

He said, “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.”

“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.”

 

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