Home Business Nigeria Customs Service to Sell Seized 14,375 Litres of Smuggled Fuel in Cross River
Business

Nigeria Customs Service to Sell Seized 14,375 Litres of Smuggled Fuel in Cross River

Share
Share

The Nigeria Customs Service (NCS) is set to auction 14,375 litres of smuggled petrol recently seized in Cross River State. The confiscated fuel, found hidden in illegal transport routes, will be sold off as part of efforts to curb the illicit fuel trade and promote transparency in customs operations.

Authorities emphasized that the move is part of a larger crackdown on fuel smuggling, which is costing the country significant revenue losses. The auction will be conducted in compliance with legal frameworks, ensuring that all interested buyers follow proper procedures.

Customs officers further highlighted that this operation is just one of many aimed at maintaining national security and preserving the integrity of Nigeria’s oil and gas sector. The proceeds from the auction will contribute to strengthening enforcement mechanisms and supporting ongoing anti-smuggling campaigns.

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
Business

FAAN Unveils 70,000 Digital Payment Cards to Strengthen Cashless Systems at Airports

The Federal Airports Authority of Nigeria (FAAN) has announced the issuance of...

Business

Nigeria Airports Fully Adopt Digital Payment System with Four Options

The Federal Airports Authority of Nigeria (FAAN) rolled out an expanded cashless...

Business

FG Cracks Down on Mini Alcohol Packs to Curb Underage Drinking

The Federal Government has launched a new effort to ban the production,...

Business

Nigeria Sees Strong VAT Growth as Collections Reach N2.28 Trillion

Nigeria’s Value Added Tax (VAT) receipts rose significantly in the third quarter...