• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
Nairametrics
Home Sectors Energy

Nigeria Customs intercepts 245,370 litres of smuggled petrol worth N238 Million

Oluwatobi Odeyinka by Oluwatobi Odeyinka
March 4, 2025
in Energy, Sectors
FX rate for customs import duties rises again by N37 

Comptroller General of Nigeria Customs Service (NCS), Mr. Bashir Adewale Adeniyi

Share on FacebookShare on TwitterShare on Linkedin

The Nigeria Customs Service (NCS) has intercepted 245,370 liters of Premium Motor Spirit (PMS), commonly known as petrol, valued at N238.1 million in less than three months as part of its ongoing anti-smuggling operation tagged “Operation Whirlwind.”

The Comptroller-General of Customs, Bashir Adeniyi, disclosed this at a press conference in Lagos, where he highlighted recent seizures made by the operation at the Federal Operations Unit in Ikeja.

Adeniyi attributed the smuggling of petrol to significant price disparities across Nigeria’s borders, which encourage smugglers to divert fuel to neighboring countries for higher profits.

MoreStories

Japan Flag

Japanese universities offering scholarships to international students for 2027 

February 13, 2026
China’s data disappoints, as oil prices fall

Chinese government denies funding militias, illegal mining in Nigeria 

February 13, 2026

 “Our economic intelligence reveals that substantial price disparities across regional borders remain the fundamental catalyst for this illicit trade, fostering a profoundly lucrative black market that systematically undermines Nigeria’s economic sovereignty and national interests,” he explained.

Seizures across the country 

Adeniyi provided a breakdown of major interceptions under Operation Whirlwind which include:

  • Adamawa State (Jan. 30, 2025): 199,495 liters of petrol seized, valued at ₦199.5 million.
  • Kwara State (Feb. 17, 2025): 45,875 liters of petrol seized, worth ₦38.6 million.
  • Lagos and Ogun (Jan. 11 – Feb. 23, 2025): 28,300 liters of petrol intercepted along key smuggling routes.

Combatting a well-organized smuggling network 

The Customs boss described the fuel smuggling trade as a systematic attempt to undermine Nigeria’s economic foundations.

“While the government has implemented comprehensive market reforms and supply chain enhancements to stabilize the domestic petroleum sector, these criminal elements remain determined to exploit regional economic disparities for illicit profit,” he said.

  • Adeniyi added that the criminal networks involved in the illicit trade are constantly refining their smuggling techniques to evade law enforcement.

“While the government has implemented comprehensive market reforms and supply chain enhancements to stabilize the domestic petroleum sector, criminal networks remain determined to exploit regional economic disparities for illicit profit. 

“These unscrupulous elements have shown remarkable adaptability, constantly refining their methods to circumvent our enforcement measures. 

“What we are witnessing is not just routine customs violations but a systematic attempt to undermine Nigeria’s economic foundations through the diversion of strategic national resources,” he said.

He commended the Leader of Operations Whirlwind, Assistant Comptroller-General Hussein Ejibuno, and his team for their efforts in protecting Nigeria’s economy and national security.

Two suspects arrested 

As part of the recent operations, Customs officers seized three vehicles used for fuel smuggling and arrested two suspects, who are currently facing trial.

Ejibuno reaffirmed his team’s commitment to dismantling smuggling networks and praised the Customs management for supporting their operations.

The NCS emphasized that it will continue to strengthen intelligence gathering, inter-agency collaboration, and border patrols to curb fuel smuggling and safeguard Nigeria’s economic interests.


Add Nairametrics on Google News
Follow us for Breaking News and Market Intelligence.
Tags: “Operation Whirlwind.”Nigeria Customs Servicesmuggled petrol
Oluwatobi Odeyinka

Oluwatobi Odeyinka

Oluwatobi Odeyinka is an Editorial Analyst covering energy, manufacturing and agriculture. He has years of experience as a freelance Journalist telling stories around public accountability, social justice and development.

Next Post
EFCC arraigns six Kwara SUBEB officials over alleged N96 million fraud 

EFCC arraigns six Kwara SUBEB officials over alleged N96 million fraud 

Leave a Reply Cancel reply

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

rabafast

nairametrics








DUNS

Follow us on social media:

  • HOME
  • ABOUT NAIRAMETRICS
  • CONTACT US
  • DISCLAIMER
  • ADs DISCLAIMER
  • COPYRIGHT INFRINGEMENT

© 2026 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

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

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Login
  • Sign Up

© 2026 Nairametrics