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Seme Customs Impound Petrol, Narcotics, Others With N1.5b DPV

Seme Customs Impound Petrol, Narcotics, Others With N1.5b DPV   The Seme Area Command of the Nigerian Customs Service (NCS), on Monday announced the seizure of Premium Motor Spirit (PMS) worth N7,697,299.00. Also seized were narcotics worth N37,874,400.00. These seizures were made between January and November...

Nigeria Has 47 Days Petrol Sufficiency, PPPRA Assures

Nigeria Has 47 Days Petrol Sufficiency, PPPRA Assures   The Petroleum Products Pricing Regulatory Agency has declared that Nigeria currently has about 47 days sufficiency of petrol. The PPPRA stated this on Tuesday, adding that the average petrol inland stock between 23rd and 29th of November 2019...

Petrol, Diesel Imports Drop After Land Borders Closure

Petrol, Diesel Imports Drop After Land Borders Closure   The nation’s imports of petrol and diesel fell by about 11 per cent and 15 per cent, respectively in September, latest data released by the National Bureau of Statistics on Thursday showed. The decline in the imports of...

Petrol Subsidy Rises By N58.6bn In Just A Month

Petrol Subsidy Rises By N58.6bn In Just A Month   The amount spent on fuel subsidy by the Nigerian National Petroleum Corporation increased by N58.6bn within one month, the latest figures released by the corporation on its financial report for July 2019 has shown. According to the...

Border Closure: Prices Of Diesel, Petrol, Kerosene Skyrocket – NBS Data

Border Closure: Prices Of Diesel, Petrol, Kerosene Skyrocket – NBS Data   National Bureau of Statistics Despite Federal Government’s partial closure of borders to monitor smuggling, prices of petrol, kerosene and diesel skyrocketed in August. Data sourced from the National Bureau of Statistics (NBS) show that while...

Customs Records Higher Seizures Of Rice, Petrol

Customs Records Higher Seizures Of Rice, Petrol   Barely three weeks into the intensive joint border patrol, the Nigeria Customs Service (NCS) yesterday, declared that the joint border security agencies have recorded massive seizures and arrests from its North West, North Central, South West, and South-South...