See locations to buy as Nigeria Customs begins sale of petrol at N630 litre

Adewale Adeniyi, the Comptroller-General of Customs (CGC), gave the order at a press conference in Yola, the Adamawa state capital.

Adeniyi, who was represented by Aliyu Alajogun, the Deputy Comptroller-General of Customs (DCG), said the NCS achieved significant success in combating fuel smuggling with the seizure of two lorries, 1,046 kegs filled with Premium Motor Spirit (PMS), and 12 drums of petroleum products.

He revealed that the seized products will be made available to Nigerians at two petrol stations in Yola at N630 per litre.

He said:

In July 2024, Nigeria Customs also carried out a similar exercise in Sokoto state, and petrol was sold at N180 per litre to the public.

TimesNow.com.ng earlier reported that oil marketers in Nigeria would buy petrol directly from Dangote Refinery. However, they would face price challenges.

The reason was a price difference between Dangote petrol price and imported PMS.

While the Dangote Refinery could supply much of Nigeria’s domestic petrol needs, the government strictly controls pricing via the Nigerian National Petroleum Company Limited (NNPC), creating a significant hurdle for marketers.

Proofread by Kola Muhammed, journalist and copyeditor at TimesNow.com.ng

Source: TimesNow.com.ng

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