Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,217,853 members, 8,035,643 topics. Date: Monday, 23 December 2024 at 04:36 PM

NSA, Ribadu Blames Petroleum Smuggling For Naira Instability, Economic Woes - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / NSA, Ribadu Blames Petroleum Smuggling For Naira Instability, Economic Woes (10568 Views)

Emirate Tussle: Kano Governor, Abba Yusuf Visits NSA, Ribadu In Abuja / Video As VP Shettima, NSA Ribadu And Gbajabiamila Arrive PEPT / NSA Ribadu, Service Chiefs Arrive Aso Rock, To Meet President Tinubu (2) (3) (4)

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

NSA, Ribadu Blames Petroleum Smuggling For Naira Instability, Economic Woes by Omooba77: 11:04am On Sep 10
The National Security Adviser (NSA), Nuhu Ribadu, has raised the alarm over the increasing smuggling of petroleum products out of Nigeria, warning that the instability in the foreign exchange market would persist unless addressed.

Speaking in Abuja on Monday at a stakeholder engagement for Operation Whirlwind, organised by the Nigeria Customs Service, Ribadu highlighted the severity of the issue.

Ribadu commented, We have been suffering due to smuggling, and if we want to address our economic problems, smuggling has to stop. It is difficult because it is like cancer and eats up everything.

“It destroys us and even our security forces because of the very few individuals making profit from it and half of them are not even Nigerians.

I don’t think there is any country that suffers from smuggling like Nigeria and we have to address it now because with the trouble we are going through, we can’t stabilise Naira and if we can’t stabilise Naira, then we are in trouble.”

He assured that his office would support the Customs Service and other security agencies in their efforts to combat the issue.

Comptroller Hussein Ejibunu, National Coordinator of Operation Whirlwind, reported that the programme, which began on May 28, 2024, had led to significant actions.

“From May till date, the Customs has made about 27 seizures and detected smuggling networks in Badagry and Adamawa. Other activities have also improved border security and we have succeeded in ensuring fuel smuggling is reduced.

“Our collaboration with NMDPRA has also been critical and germane. So far, we have seized 500,000 litres of PMS with 7 trucks amounting to 475m. The seizures were done in Kebbi, Sokoto, Lagos and Adamawa. We have opened other axes in Kwara, Niger, Katsina and Kano.

“Because of this work, most of our officers are on death threats including myself and they sent us messages to desist from fighting, but we won’t relent because we ought to fight and ensure survival of Nigeria,” he stated.

Comptroller General of Customs, Bashir Adewale Adeniyi, emphasised the need for continued effort in the fight against smuggling.

“We won’t spare any effort in combating the menace and this explains why we launched Operations Whirlwind and we have made some progress. However, we need funding because we spend about N230 million monthly to sustain the operation and because it is not in our budget it is not sustainable and Customs may not be able to drive it alone.

“As such, we will need funding collaboration and we intend to sustain it till the end of the year,” he added.

https://saharareporters.com/2024/09/10/nigerian-nsa-ribadu-blames-petroleum-smuggling-naira-instability-economic-woes

3 Likes 3 Shares

Re: NSA, Ribadu Blames Petroleum Smuggling For Naira Instability, Economic Woes by Naira20: 11:06am On Sep 10
It's also responsible for the kidnapping and terrorism

50 Likes

Re: NSA, Ribadu Blames Petroleum Smuggling For Naira Instability, Economic Woes by malali: 11:08am On Sep 10
Nothing annoys me like when people who have been appointed to solve problems.

Just keep repeating what the problems are, Oga we all know the problems !!!

You were appointed to proffer viable solutions to solve the problems.

Dont tell us that dog bites....we all know the dog bites...we have appointed you as the dogcatcher and we are paying you a lot of money to catch the dog....Dont come to work everyday telling us how dangerous the dog bites !!

1-If a marketer is smuggling , revoke his license, all marketers should be licensed.
2-Get people to go undercover and find out who is really smuggling if not marketers.
3-If you cannot solve the problems associated with smuggling and Nigerians are in so much hardship with the fuel price and the dollar rates skyrocketing.

Then resign and let people that can do be appointed.

172 Likes 24 Shares

Re: NSA, Ribadu Blames Petroleum Smuggling For Naira Instability, Economic Woes by Melagros(m): 11:15am On Sep 10
COMRADES are speechless at these incompetent president and his NSA

40 Likes

Re: NSA, Ribadu Blames Petroleum Smuggling For Naira Instability, Economic Woes by jmoore(m): 11:15am On Sep 10
Mumu people running this country. No more blaming binance?

71 Likes

Re: NSA, Ribadu Blames Petroleum Smuggling For Naira Instability, Economic Woes by EvilMerodack(m): 11:26am On Sep 10
Maybe they should start shooting smugglers at sight> That could help to curtail this

Smugglers indirectly contribute to 10% of our total problems, especially in fuel hike and scarcity

3 Likes

Re: NSA, Ribadu Blames Petroleum Smuggling For Naira Instability, Economic Woes by Bobloco: 11:52am On Sep 10
jmoore:
Mumu people running this country. No more blaming binance?

They blame everyone but themselves

55 Likes 1 Share

Re: NSA, Ribadu Blames Petroleum Smuggling For Naira Instability, Economic Woes by lazkizz(m): 11:59am On Sep 10
Things all apart
By mallam Aminu kano
Re: NSA, Ribadu Blames Petroleum Smuggling For Naira Instability, Economic Woes by id4sho(m): 1:07pm On Sep 10
Breaking News !!!

President Bola Ahmed Tinubu GCFR announces new minister for petroleum resources
Prof. Unago Waka Taya

Read the name again. shocked

14 Likes 1 Share

Re: NSA, Ribadu Blames Petroleum Smuggling For Naira Instability, Economic Woes by Meti99(m): 1:33pm On Sep 10
1day 10bad news in Nigeria..

Good news ended with Jonathan government..
Buhari came with 8years of bad news..
Tinubu has taken bad news to pro max..

Nigerians should just organize a Crusade of Apology to Apologize to GOOD LUCK Jonathan for betraying him in 2015 maybe things will change for better

14 Likes

Re: NSA, Ribadu Blames Petroleum Smuggling For Naira Instability, Economic Woes by TribalChair: 1:34pm On Sep 10
It all make sense, PMS is more expensive in the countries that boarders Nigeria...
Who go wan sell am for 9ja when u can make times 2 or 3 in Cameroon...

NSA should link up with dangote and not custom coz I no trust those werey, track from the refinery using explosive tracking device, any tanker wey no dey within Nigeria,BOOOOOM, by the time 500tanker don explode, all diz rubbish go stop....
na why I no fit take up all diz positions, I no get joy reach that level...

5 Likes

Re: NSA, Ribadu Blames Petroleum Smuggling For Naira Instability, Economic Woes by Brendaniel: 1:34pm On Sep 10
And who is supposed to tackle petroleum smuggling ?

Is that not your duty as NSA and Tinubu's duty as commander in chief of the armed forces ?

Are you telling us it is your failures that have led to most problems the country is currently facing ?

Soon they might blame Nigeria's problems on Saidaboj and Portable for having beef with each other... grin

3 Likes

Re: NSA, Ribadu Blames Petroleum Smuggling For Naira Instability, Economic Woes by crestedaguiyi: 1:34pm On Sep 10
comedians in power

1 Like

Re: NSA, Ribadu Blames Petroleum Smuggling For Naira Instability, Economic Woes by franchasng: 1:35pm On Sep 10
Lol no longer Binance cheesy

From blaming Rice importation to Cryptocurrency to Abokifx website to Binance platform to some CBN staffs and now it's the turn to blame petrol smuggling, thank God them never blame we Obidients and Ipøb, ndi eriri eri, clowns in government cheesy grin


APC is a useless party filled with confused criminals.


During Buhari they blamed Nigerians using their ATM cards to buy things online so they told banks to block it. That one failed.

They blamed rice importation, so they closed the borders and said we must eat the rice we cultivate in Nigeria. That one no work.


They blamed our old currency and said they must redesign the currency to stop bandits and kidnappers causing dollar to go up. That one no work.

They went after Abokifx website. E no work.


They went after Binance platform, e no work.


Now it's petrol smugglers wink


Trial and error government of APC.


APC is an evil Muslim party sent from Hell fire to destroy Nigeria shocked

28 Likes 2 Shares

Re: NSA, Ribadu Blames Petroleum Smuggling For Naira Instability, Economic Woes by osuofia2(m): 1:35pm On Sep 10
Excuse upon excuse. Are smugglers spirit? Do your job

10 Likes

Re: NSA, Ribadu Blames Petroleum Smuggling For Naira Instability, Economic Woes by igbsam(m): 1:35pm On Sep 10
Always looking for something to blame for their incompetency.

5 Likes

Re: NSA, Ribadu Blames Petroleum Smuggling For Naira Instability, Economic Woes by airsaylongcome: 1:35pm On Sep 10
Abeg! I thought they said petroleum smuggling to Ouagadougou and Timbuktu had been killed when baba na my turn said "Subsidy is gone". They even showed us pictures of abandoned jerry cans then

6 Likes

Re: NSA, Ribadu Blames Petroleum Smuggling For Naira Instability, Economic Woes by Bullfallo(m): 1:36pm On Sep 10
.. anything that goes up hardly ever come down.

Once landlord increase rent they will not come down again. The last fuel increase cause alot of problem with the Nigeria economy. The damage done can not be undo. Another increase will cause another big problem. Even if the dollar crashes things will not come down again . Like rent and school fee. So Nigerians will resist anymore increase.

If tinubu cannot govern without fuel increase he better step aside and let someone else to do the job. It's not by force to be president.

3 Likes

Re: NSA, Ribadu Blames Petroleum Smuggling For Naira Instability, Economic Woes by themanderon: 1:36pm On Sep 10
So whose fault is it? The billions budgeted for security where does it go? Cesspit of corruption and everything evil. That's what this country is.

3 Likes

Re: NSA, Ribadu Blames Petroleum Smuggling For Naira Instability, Economic Woes by okoloto: 1:36pm On Sep 10
We can't even secure our borders.
Re: NSA, Ribadu Blames Petroleum Smuggling For Naira Instability, Economic Woes by Hemanwel(m): 1:36pm On Sep 10
Imagine the National Security Adviser raising alarm. So that who should address the situation? Me? Or my 4-year-old son?

3 Likes

Re: NSA, Ribadu Blames Petroleum Smuggling For Naira Instability, Economic Woes by Confirm4real(m): 1:36pm On Sep 10
Always blaming something for their failures

1 Like

Re: NSA, Ribadu Blames Petroleum Smuggling For Naira Instability, Economic Woes by Softmirror: 1:36pm On Sep 10
,
Re: NSA, Ribadu Blames Petroleum Smuggling For Naira Instability, Economic Woes by Akalia(m): 1:36pm On Sep 10
These people at the helm of national affairs are taking us for a ride.

2 Likes

Re: NSA, Ribadu Blames Petroleum Smuggling For Naira Instability, Economic Woes by OgiidiiHerbals(m): 1:38pm On Sep 10
This country,solve problems you're lamenting.

If you've any health issues or complaints, check my signature for solution.

1 Like

Re: NSA, Ribadu Blames Petroleum Smuggling For Naira Instability, Economic Woes by Didijiji: 1:38pm On Sep 10
Una go soon Blame ODUDUWA

1 Like

Re: NSA, Ribadu Blames Petroleum Smuggling For Naira Instability, Economic Woes by Ellexy: 1:38pm On Sep 10
It's no longer Binance, it's now smuggling that has existed since Nigeria began.

3 Likes

Re: NSA, Ribadu Blames Petroleum Smuggling For Naira Instability, Economic Woes by santity100: 1:40pm On Sep 10
There is trouble when Government knows the problems but have no solution. This is really sad despite expecting so much from the current government

2 Likes

Re: NSA, Ribadu Blames Petroleum Smuggling For Naira Instability, Economic Woes by alt3r3g0: 1:40pm On Sep 10
Expose was done on IBD and nothing was done about it.

Same with Gandollar and nothing has been done about it.

The smugglers are not unknown, they are all cronnies with the government.

5 Likes

Re: NSA, Ribadu Blames Petroleum Smuggling For Naira Instability, Economic Woes by salbis(m): 1:42pm On Sep 10
This f**ls should just keep quite!

Clearly, they are bereft of any meaningful idea on how to lead.

2 Likes

Re: NSA, Ribadu Blames Petroleum Smuggling For Naira Instability, Economic Woes by Babangidapikin: 1:42pm On Sep 10
You have a problem, we can help you solve it ... Currency flow towards value ...

1 Like

Re: NSA, Ribadu Blames Petroleum Smuggling For Naira Instability, Economic Woes by mikeapollo: 1:42pm On Sep 10
Omooba77:


https://saharareporters.com/2024/09/10/nigerian-nsa-ribadu-blames-petroleum-smuggling-naira-instability-economic-woes

You see this useless and hypocrite Ribadu?
He, as EFCC Chairman, told Nigerians that Tinubu , as Lagos Governor was corrupt. Today he has rushed to receive appointment from the ''corrupt'' Tinubu.
Now, they are blaming smugglers. How many smugglers have been caught and jailed for you know that it is truly smuggling that is the problem? Where is the evidence?

4 Likes

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

Eligibility Siut: Court Affirm Buharis Qualification (False Info) / SERAP Sues FG Over Move To Borrow ₦895 Billion From Nigerians’ Dormant Accounts / Uche Secondus Refutes Suspension Claims

(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. 34
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.