Customs to auction petrol at N400 per litre
CITIZENS COMPASS – The Nigeria Customs Service (NCS) has said that it will auction 15,325 litres of seized Premium Motor Spirit (PMS) otherwise known as petrol at N400 per litre.
The NCS’ Operation National Coordinator, Comptroller Hussein Ejibunu, disclosed this at a press briefing held at the Customs Training College, Ikeja, Lagos State.
He said the product, valued at N27.5 million, was seized during operations in Lagos and Ogun states.
According to him, the Comptroller-General of Customs, Adewale Adeniyi, has directed that the products be auctioned at the rate of N10,000 per 25 litres.
The coordinator further said a court condemnation order and all legal processes have been finalised by the office of the legal adviser to aid the auctioning.
“This operation has been on since May 27, 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,” Ejibunu said.