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Home Business News

Closure of border petrol stations : Nigeria’s fuel consumption reduces by 30% 

Joseph Olaoluwa by Joseph Olaoluwa
November 29, 2019
in Business News, Politics
Nigeria Customs Service shuts 272 car marts over smuggled car sales , Automobile dealers, Customs at loggerheads over vehicle smuggling, import duty , January 2020 is no terminal date; Borders will remain shut after then - Customs , FG bans fuel supply to border petrol stations, order threatens businesses, jobs, Ban on fuel distribution to border filling station begins to affect network providers , Nigeria Customs Service wants FG to impose this tax on petrol importers , Experts lament rising inflation over border closure, Closure of border petrol stations lowers fuel consumption by 30% - Customs Boss , Customs redeploys officers in charge of anti-smuggling at border , Nigerian customs records N1.3tr revenue in 2019, exceeds target by N404bn , Customs denies spending N1.6 billion on recruitment exercise alone, Customs officers must declare their assets annually – Customs boss, Nigerian Customs move to go digital in 2022 
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The Federal Government’s decision to stop the sale of petrol at border filling stations has saved Nigeria 30% of fuel consumption.

The Details: Comptroller General of Customs, Col. Hameed Ali (Rtd), who stood before the House of Representatives Committee on Customs, made this comment yesterday, according to The Nation.

Ali, who was supportive of the country’s decision to stop the supply of petroleum products to the petrol stations 20km to the border, promised that the directive would be reviewed since it was not a permanent order.

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Petrol prices, Closure of border petrol stations lowers fuel consumption by 30% - Customs Boss 

He said the government took that line of action to stop Nigeria from subsidizing fuel for other countries.

The Customs boss noted that they were able to successfully halt operations of border petrol stations through the assistance of the Department of Petroleum Resources (DPR) which provided the Customs with a list of petrol stations licensed to operate in the area. The information was gotten at a high-security level meeting.

[READ MORE: Border Closure: Nigeria short of N338 billion worth of rice]

Ahmed Rufai Shakur, the Director of Department of Petroleum Resources (DPR), said 1,323 fuel stations were operating in Nigeria’s border communities. Giving a breakdown of the fuel stations in operation at the border, he said about 400 fuel stations were operating illegally, while 923 were operating legally.

Shakur advocated for the licensing of three or four border stations with adequate petrol supply and proper monitoring. This will help them track the record of fuel supplies and enable the Customs monitor dispensation and sale.

Ahmed Rufai Shakur

Recent Developments: In a bid to ensure transparency in petroleum consumption and distribution, a team of 89 persons was inaugurated by the Federal Government under the code – “Operation White.” The team has been tasked to track fuel consumption in the country, according to Nairametrics.

Members of the team were drawn from the Nigerian National Petroleum Corporation (NNPC), Department of Petroleum Resources (DPR), Petroleum Products Pricing Regulatory Agency (PPPRA), Petroleum Equalization Fund (PEF) as well as the Department of State Security (DSS).


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Tags: Ahmed Rufai ShakurCol. Hameed Alidepartment of petroleum resourcesFederal Governmentfuel consumption
Joseph Olaoluwa

Joseph Olaoluwa

Reincarnated as a lover of stocks, Angel investors, seed funds, and anything aligned to tech or startups raising money, Joseph's work at Nairametrics involves following the money to wherever it leads. Before joining Nairametrics, he won an investigative journalism fellowship with ICIR, appeared in several national dallies, with hard-hitting opinions, features and investigative pieces. He has also engaged in content marketing and copywriting for a top e-commerce firm in Nigeria.

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