Wednesday, September 28, 2022

Cameroon, Niger, Benin, Mali rely on smuggled petrol from Nigeria: NNPC

Neighbouring countries prefer purchasing smuggled petrol from Nigeria rather than importing fuel into their countries.

• September 20, 2022
Umar Ajia

The Nigeria National Company Limited (NNPC Ltd) has said that Cameroon, Benin, Niger and Mali rely on smuggled petroleum products from Nigeria’s borders.

Umar Ajia, the chief financial officer of NNPC Limited, made the statement when he appeared before a House of Representatives committee investigating Nigeria’s fuel subsidy regime on Monday.

Mr Ajia claimed that neighbouring countries prefer purchasing smuggled subsidised petrol from Nigeria rather than importing fuel into their countries.

He added that anyone can smuggle trucks of petroleum products through the Nigerian borders with as little as N5 million

“If you have five million naira, you can cross the borders with trucks laden with PMS, that is the bitter truth, we have porous borders; yes we have Customs but I do not know,” he said.

“PMS crosses everywhere, to Cameroon through the North East, Nigerian PMS gets to Mali; our neighbouring countries hardly import PMS; infact, some of them do not have the LC cover to back up imports.

“Cameroon refinery got burnt sometime last year or so, since that time, they have not imported PMS but they are still using PMS; if you go to Niger, you find that PMS is sold in bottles.

“To them, it is a cheaper source, why waste their foreign exchange, so we are subsidising our neighbours, that is the simple truth,” Mr Ajia added.

Meanwhile, Mr Ajia said that the Nigerian government spends N209 on every petrol litre as subsidy.

He noted that the 66.7 million daily consumption is based on the truck out from the depot, adding that the NNPC and government agencies are unaware of the precise daily consumption in Nigeria. 

“States that consume the most are states like Oyo and Ogun State, they even consume more than Lagos State. So you wonder, is it that they have more vehicles than Lagos?

“This explains that these are states with porous borders and that will explain why this bulk evacuation is going out of Oyo and Ogun states, probably neighbouring countries,” he said.

He said the board of NNPC has extended the Direct Sale and Direct Purchase Agreement with the marketers to avoid fuel shortage during the Christmas and New Year period.

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Hot news Home top

Trigger-happy naval operatives open fire on journalist, humanitarian workers on Ondo waterways

The journalists and the officials were on their way from a free medical outreach in the riverine communities when they were attacked at Odofado.

Atiku Abubakar (Credit: AA)


Atiku calls for unity among PDP stakeholders for success in 2023

He promised to address Nigeria’s numerous challenges, if eventually elected as Nigeria’s president in 2023.

Interior minister Rauf Aregbesola

Hot news Home top

Independence Day: FG declares Monday public holiday

Mr Aregbesola urged Nigerians to use the occasion of the celebration to think about the challenges facing the nation.

bullion van accident

Hot news Home top

Six die in Kebbi bullion van accident

“Six people including three policemen also died in the inferno, while five other people and three policemen sustained various degrees of injuries.”

Emefiele and Trading floor


NGX: Market records marginal gain despite negative reaction to MPR hike

The market reacted negatively to the MPR hike as sell-offs were recorded across board but price appreciation in BUA Cement lifted market performance marginally.

Peter Obi in Jos


Peter Obi storms Jos, says he’ll end insecurity, unemployment, corruption if elected in 2023

Mr Obi made the promise at a rally organised by the Middle Belt Forum on Thursday in Jos.