Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,208,293 members, 8,002,167 topics. Date: Thursday, 14 November 2024 at 05:46 AM

Minister Directs NNPCL To Sell PMS Above ₦‎1,000 To Curb Smuggling - ICIR - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Minister Directs NNPCL To Sell PMS Above ₦‎1,000 To Curb Smuggling - ICIR (13096 Views)

NNPCL To Hand Over Warri, Kaduna Refineries To Private Operators / NNPCL To Construct Another International Gas Pipeline To Europe / NNPCL To Cut Fuel Import From August (2) (3) (4)

(1) (2) (3) (4) (5) (Reply) (Go Down)

Minister Directs NNPCL To Sell PMS Above ₦‎1,000 To Curb Smuggling - ICIR by Newlymarried(f): 5:18am On Sep 03
The Minister of State for Petroleum Resources, Heineken Lokpobiri has directed that the Nigerian National Petroleum Company Limited(NNPCL) must sell petrol above the landing cost, which currently stands at N1,117 per litre, to prevent the smuggling of the products to neighbouring countries.



Lokpobiri who disclosed this in Abuja, adding that security agencies are complicit in smuggling activities.

He said unless the NNPC Ltd imports and sells petrol above the landing cost, smugglers would continue to move petroleum products to neighboring countries.


Recall that the group chief executive officer of the NNPCL, Mele Kyari had last month met the Comptroller General of Nigeria Customs Service (NCS), Bashir Adewale Adeniyi on the rapid impact of the NCS’ “Operation Whirlwind” in reducing the smuggling of Premium Motor Spirit (also known as petrol) across Nigeria’s border communities.

During the meeting, Kyari said PMS evacuation to border states had decreased from 32 million litres per day to about 25 million litres within just two months.

The federal government had, in May 2023, removed the subsidy on petrol, which raised the price from about N197 to about N650 per litre.

While PMS is sold at an average of N701.99 in Nigeria, it is sold at an average of N1,672.05 in the Republic of Benin and N2,061.55 in Cameroon. In other countries around the region, the price of PMS ranges from N1,427.68 in Liberia to N2,128.20 in Mali, averaging N1,787.57, according to the fuel price data obtained from trading economics statistics.

This development had heightened PMS smuggling out of Nigeria.

Lokpobiri’s stated at the event that NNPC’s sale of imported fuel at a price above the landing cost will bridge the potential profit gap and curb smuggling of the product to neighbouring countries for high profit-making by those involved in the shady business.
https://www.icirnigeria.org/minister-directs-nnpc-to-sell-pms-above-n1000-to-curb-smuggling/

6 Likes 2 Shares

Re: Minister Directs NNPCL To Sell PMS Above ₦‎1,000 To Curb Smuggling - ICIR by TemplarLandry: 5:25am On Sep 03
cool
Re: Minister Directs NNPCL To Sell PMS Above ₦‎1,000 To Curb Smuggling - ICIR by Racoon(m): 5:29am On Sep 03
A gang of hardened but clueless criminal syndicate are messing with the patience of this nation.

164 Likes 12 Shares

Re: Minister Directs NNPCL To Sell PMS Above ₦‎1,000 To Curb Smuggling - ICIR by madridguy(m): 5:30am On Sep 03
This is a bad statement from the minister. Are we going to suffer the negligence of the FG in tackling smuggling? Are we Nigerians the right people to protect our borders?

137 Likes 8 Shares

Re: Minister Directs NNPCL To Sell PMS Above ₦‎1,000 To Curb Smuggling - ICIR by 0m0luabi: 5:45am On Sep 03
Fair price I was expecting him to ask them to be selling it at 2500 per litre 😂 by the time Tinubu finish with Nigeria those who remain alive will think twice before voting again

165 Likes 13 Shares

Re: Minister Directs NNPCL To Sell PMS Above ₦‎1,000 To Curb Smuggling - ICIR by GoodiesGuy: 5:56am On Sep 03
Wow! Wow! SMH!

1 Like 1 Share

Re: Minister Directs NNPCL To Sell PMS Above ₦‎1,000 To Curb Smuggling - ICIR by Zionmdde: 6:01am On Sep 03
1000 is too small

It should be sold 5k per litre to curb smuggling, fuel queues,
Reduce vehicular emissions that pollute our environment,
reduce noise,
reduce unnecessary movement (lean economy)
curb accidents.
And most importantly it can be used for population control. People will start thinking twice before knacking raw

Am sure the rich will survive. Don't worry about the masses, they are at the fore front of supporting the worst candidates

Gwo gwo ngwo

133 Likes 12 Shares

Re: Minister Directs NNPCL To Sell PMS Above ₦‎1,000 To Curb Smuggling - ICIR by Zionmdde: 6:03am On Sep 03
madridguy:
This is a bad statement from the minister. Are we going to suffer the negligence of the FG in tackling smuggling? Are we Nigerians the right people to protect our borders?
Sharrap there and do your job

Support apc and all their policies. Complaining is haram to our Muslim Muslim leadership

Or rather blame obi.

123 Likes 10 Shares

Re: Minister Directs NNPCL To Sell PMS Above ₦‎1,000 To Curb Smuggling - ICIR by ewedunamala: 6:03am On Sep 03
Nawaooo afunjarians government na huge hit

2 Likes 2 Shares

Re: Minister Directs NNPCL To Sell PMS Above ₦‎1,000 To Curb Smuggling - ICIR by Oxb90: 6:04am On Sep 03
When you read some of the words that come out of the mouths of some politicians in Nigeria, you will not be wrong to conclude that they are appointed to kill the masses.
Mr. Minister, no be your fault. If this post is fortunate enough to grace the FP, You will also come across some people who will support him.

41 Likes 5 Shares

Re: Minister Directs NNPCL To Sell PMS Above ₦‎1,000 To Curb Smuggling - ICIR by princepeter566: 6:07am On Sep 03
The same smuggling tinubu removed fuel subsidy to curb right
He built Lagos, he'll build Nigeria.
How far now?

45 Likes 3 Shares

Re: Minister Directs NNPCL To Sell PMS Above ₦‎1,000 To Curb Smuggling - ICIR by PerfectStranger(m): 6:09am On Sep 03
No prayer point can change the minds of these wicked leaders in this country.

Couple months agao my friend jar to UK with study visa, I asked him the total amount he spent dude said over #10m(IHS) inclusive and he's now working part-time.
Depression wan wound me coz ion hav such amount to mk same moves, Tinubu gov don finish us.

13 Likes 2 Shares

Re: Minister Directs NNPCL To Sell PMS Above ₦‎1,000 To Curb Smuggling - ICIR by Lindlady(f): 6:13am On Sep 03
madridguy:
This is a bad statement from the minister. Are we going to suffer the negligence of the FG in tackling smuggling? Are we Nigerians the right people to protect our borders?
Stop derailing threads with your bunkum. Support APC in anything even if they sentence you to death.

63 Likes 8 Shares

Re: Minister Directs NNPCL To Sell PMS Above ₦‎1,000 To Curb Smuggling - ICIR by snowball11(m): 6:43am On Sep 03
People will see this boy boy minister of state for petroleum and think he's the one giving that useless directive; when in reality, it's the thieving minister of importation of fuel and presidiot of agbado nation, that gave the directive! grin

22 Likes 2 Shares

Re: Minister Directs NNPCL To Sell PMS Above ₦‎1,000 To Curb Smuggling - ICIR by BlueRayDick: 7:09am On Sep 03
Some of those who support this government in the shabbish way they removed the fuel subsidy will be kicking themselves now because of how gullible they were to have believed Tinubu and his aristocratic government.

A government that claimed the only way to curb smuggling fuel across border is to remove subsidy completely and that was what Tinubu did on his fist day in office.

Over the months, evidence suggested the government still paid subsidy but people already baptized in the emilokan River kept insisting and defending subsidy is gone forever.

Several months after, the government they spent quality time defending it's lies goes ahead to confirm subsidy still exists but has been baptized and given new names like under-recovery, shortfall, etc.

Now the same government is saying to further curb the smuggling activities they were supposed to have curbed earlier ; they need to sell fuel over 1k per liter . 🤦‍♂️

Is this not the point where u ask urself : “Is this administration favoring me and my family like the APC twitter influencers made me announce in may/june 2023 ?”

20 Likes 3 Shares

Re: Minister Directs NNPCL To Sell PMS Above ₦‎1,000 To Curb Smuggling - ICIR by Great0ne1: 7:13am On Sep 03
madridguy:
This is a bad statement from the minister. Are we going to suffer the negligence of the FG in tackling smuggling? Are we Nigerians the right people to protect our borders?
Shut up and do what your paid for.

38 Likes 5 Shares

Re: Minister Directs NNPCL To Sell PMS Above ₦‎1,000 To Curb Smuggling - ICIR by Zionmdde: 7:16am On Sep 03
EcoNews:
You foolish souls never learn especially those of your obidient ipob. Supporting APC does not translate to supporting their bad policies. APC member have been at the forefront fighting against any increment of fuel price since Tinubu claim he removed subsidy so you should be the one shutting your foolish soul up n keep fighting for your Biafra ipob n the lunatic you support in Pandora criminal Peter Obi.


I don't do all that bigotic rubbish iddiots like you do here.
Why are you crying na. Don't you like that Tinubu's awesome policies are bringing joy to patriotic Nigerians? Aren't you enjoying the sweet governance?. So why whining like a goat watching another goat humping his mother

Anyway I think bigots like you are very foolish human beings. Seeing everything from the lens of ethnicity only showed that the energy your mother spent pushing you out during labour could have been better spent having another round of good sex with one of your uncles

37 Likes 4 Shares

Re: Minister Directs NNPCL To Sell PMS Above ₦‎1,000 To Curb Smuggling - ICIR by amazingspiderma: 7:16am On Sep 03
EcoNews:
You foolish souls never learn especially those of your obidient ipob. Supporting APC does not translate to supporting their bad policies. APC member have been at the forefront fighting against any increment of fuel price since Tinubu claim he removed subsidy so you should be the one shutting your foolish soul up n keep fighting for your Biafra ipob n the lunatic you support in Pandora criminal Peter Obi.



You speak so incoherently.
I was almost thinking it was shit spewing from your lower hole.

Stop posting from the toilet.

33 Likes 4 Shares

Re: Minister Directs NNPCL To Sell PMS Above ₦‎1,000 To Curb Smuggling - ICIR by happney65: 7:18am On Sep 03
Something that will still go to 2000 naira per litre even with NNPC.

Una never see anything grin grin grin

7 Likes 1 Share

Re: Minister Directs NNPCL To Sell PMS Above ₦‎1,000 To Curb Smuggling - ICIR by Great0ne1: 7:18am On Sep 03
EcoNews:
You foolish souls never learn especially those of your obidient ipob. Supporting APC does not translate to supporting their bad policies. APC member have been at the forefront fighting against any increment of fuel price since Tinubu claim he removed subsidy so you should be the one shutting your foolish soul up n keep fighting for your Biafra ipob n the lunatic you support in Pandora criminal Peter Obi.


Imagine this fool ! Where do you think the #30k they pay you will come from ? Oga you better stop talking rubbish and do your job.

22 Likes 1 Share

Re: Minister Directs NNPCL To Sell PMS Above ₦‎1,000 To Curb Smuggling - ICIR by SaturnNick(m): 7:22am On Sep 03
Wow
Re: Minister Directs NNPCL To Sell PMS Above ₦‎1,000 To Curb Smuggling - ICIR by athaboi(f): 7:22am On Sep 03
Lol 🤣
Master strategist wan finish Nigeria!
Which smugglers, they know what they are doing... thieves

10 Likes 1 Share

Re: Minister Directs NNPCL To Sell PMS Above ₦‎1,000 To Curb Smuggling - ICIR by press9jatv: 7:23am On Sep 03
That’s very bad
Re: Minister Directs NNPCL To Sell PMS Above ₦‎1,000 To Curb Smuggling - ICIR by BigYash: 7:24am On Sep 03
0m0luabi:
Fair price I was expecting him to ask them to be selling it at 2500 per litre 😂 by the time Tinubu finish with Nigeria those who remain alive will think twice before voting again
Too cheap na. Oga minister put it at 10k per liter. Nigerians are gona learn.. Since religion and tribal war go pay una bills.. lets go dia

25 Likes 2 Shares

Re: Minister Directs NNPCL To Sell PMS Above ₦‎1,000 To Curb Smuggling - ICIR by Joey4321: 7:25am On Sep 03
EcoNews:
You foolish souls never learn especially those of your obidient ipob. Supporting APC does not translate to supporting their bad policies. APC member have been at the forefront fighting against any increment of fuel price since Tinubu claim he removed subsidy so you should be the one shutting your foolish soul up n keep fighting for your Biafra ipob n the lunatic you support in Pandora criminal Peter Obi.



How come we're not seeing the results of the fight

4 Likes

Re: Minister Directs NNPCL To Sell PMS Above ₦‎1,000 To Curb Smuggling - ICIR by Sultty(m): 7:26am On Sep 03
"it can't work" is their motto. Where are the people in charge of the borders...oh i forgot they are busy seizing rice and vices

6 Likes

Re: Minister Directs NNPCL To Sell PMS Above ₦‎1,000 To Curb Smuggling - ICIR by Anaskie(m): 7:26am On Sep 03
When they've finally killed Nigerians, I guess they'll be happy

3 Likes 1 Share

Re: Minister Directs NNPCL To Sell PMS Above ₦‎1,000 To Curb Smuggling - ICIR by SmartPolician: 7:26am On Sep 03
At this point, I cannot even blame the government. Nigerians of all tribes are bloody opportunists and dubious people.

Your government is subsidizing petroleum products and you are selling it to your neighbours at the expense of your country and still claim to love the country. I have never seen a people as terrible as Nigerians.

2 Likes

Re: Minister Directs NNPCL To Sell PMS Above ₦‎1,000 To Curb Smuggling - ICIR by TouchNfollow(f): 7:26am On Sep 03
madridguy:
This is a bad statement from the minister. Are we going to suffer the negligence of the FG in tackling smuggling? Are we Nigerians the right people to protect our borders?

Good morning.........just waking up from slumber.

11 Likes 2 Shares

(1) (2) (3) (4) (5) (Reply)

Wow This Video Of Onitsha Anambra State Will Surprise You. / 'Men Should Be In The Kitchen & Women In Other Room' - Babangida Aliyu / PDP To Lai Mohammed: "You Can't Censor The Media, It's Called Freedom Of Speech"

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 40
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.