Thursday, July 16, 2026
  • Login
No Result
View All Result
The Business Times
  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports
  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports
No Result
View All Result
The Business Times
No Result
View All Result
Home Economy

Nigeria Customs Seizes ₦38m Petrol, Busts Cross-Border Smuggling Syndicate

byStephen Abebor
July 16, 2026
in Economy, Energy
0
Nigeria Customs Seizes ₦38m Petrol, Busts Cross-Border Smuggling Syndicate
3
VIEWS
Share on FacebookShare on Twitter

The Nigeria Customs Service (NCS) has intensified its campaign against the illegal export of petroleum products, intercepting 20,500 litres of Premium Motor Spirit (PMS), commonly known as petrol, and five vehicles in a major operation targeting cross-border smuggling syndicates.

The seizures were carried out by the Service’s anti-smuggling task force, Operation Whirlwind, following intelligence-led operations across key smuggling corridors linking Lagos and Ogun states to neighbouring countries.

According to the NCS, the confiscated petrol was stored in 820 jerrycans of 25 litres each and intercepted at known smuggling routes including Imeko, Ilara, Ilaro, Idiroko and the Seme-Badagry axis. The combined duty-paid value of the seized fuel and vehicles was estimated at ₦38 million.

Speaking during the public auction of the seized products at the Customs Training College in Ikeja, Lagos, National Coordinator of Operation Whirlwind, Deputy Comptroller of Customs Lucky Aliyu, said the petrol was intended for illegal export in violation of Nigeria’s laws regulating the distribution of petroleum products.

Aliyu described fuel smuggling as a major economic and security challenge, warning that the illicit trade undermines government revenue, disrupts domestic fuel supply, fuels artificial scarcity and strengthens criminal networks operating along Nigeria’s borders.

He said the Customs Service would continue deploying intelligence, surveillance and inter-agency collaboration to dismantle organised smuggling rings and protect Nigeria’s strategic energy assets.

The latest seizure comes as authorities continue efforts to curb fuel diversion following the deregulation of Nigeria’s downstream petroleum market. Although the removal of petrol subsidies has narrowed price differences between Nigeria and neighbouring countries, cross-border smuggling remains profitable in some border communities due to exchange rate movements and regional price disparities.

Industry analysts say sustained enforcement is critical to protecting domestic fuel availability and supporting ongoing reforms aimed at creating a more transparent and market-driven petroleum sector.

Aliyu noted that the public auction of the seized petrol was conducted in line with approved procedures and under the supervision of relevant government agencies, security organisations, civil society groups and the media. He said the process was designed to ensure transparency while returning the products to the legitimate domestic supply chain.

He also commended the Office of the National Security Adviser and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) for supporting Operation Whirlwind through intelligence sharing and technical collaboration.

According to the Customs Service, Operation Whirlwind will continue to serve as a key national initiative to combat petroleum smuggling, strengthen border security and safeguard Nigeria’s energy and economic interests.

Tags: Border Securitycross-border tradefuel smugglingLagos-Ogun BorderNigeria Customs ServiceNigeria EconomyNMDPRAOperation WhirlwindPetrol SmugglingPMSPremium Motor SpiritSeme Border
Stephen Abebor

Stephen Abebor

Next Post
Wema Bank Processes ₦18 Trillion, Deepens Fintech Partnerships

Wema Bank Processes ₦18 Trillion, Deepens Fintech Partnerships

Leave a Reply Cancel reply

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

Recommended

CBN’s “New Dawn” for Agriculture: Boosting Credit Access for Smallholder Farmers

7 months ago
Trump Ends Iran Ceasefire as Oil Surges 6%, European Stocks Slide

Trump Ends Iran Ceasefire as Oil Surges 6%, European Stocks Slide

1 week ago

Popular News

  • Wema Bank Processes ₦18 Trillion, Deepens Fintech Partnerships

    Wema Bank Processes ₦18 Trillion, Deepens Fintech Partnerships

    0 shares
    Share 0 Tweet 0
  • Nigeria Customs Seizes ₦38m Petrol, Busts Cross-Border Smuggling Syndicate

    0 shares
    Share 0 Tweet 0
  • Nigeria Crude Oil Output Hits Six-Year High as Pipeline Security Boosts Production

    0 shares
    Share 0 Tweet 0
  • Court Orders Final Forfeiture of 48 Properties Linked to Ex-AGF Malami

    0 shares
    Share 0 Tweet 0
  • Dangote Refinery Cushions Nigeria Against Global Fuel Price Shocks – S&P Global

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Twitter Instagram TikTok

Newsletter

Pages

  • About Page
  • Contact
  • Domestic Gas Sales Rise 30% as Nigeria’s Energy Reforms Gain Traction
  • Privacy Policy
  • Terms & Conditions

Navigation

  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports

© 2025 The Business Times NG .

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports

© 2025 The Business Times NG .