The National Coordinator of Operation Whirlwind, ACG Hussein Ejibunu, has announced a significant measure aimed at addressing transportation challenges during the festive season. He revealed that 15,325 liters of seized Premium Motor Spirit (PMS) will be auctioned to the public. Read full story
This decision stems from a dual objective: to ensure that the seized fuel is put to productive use and to alleviate the burden of transportation costs, which often escalate due to increased demand during the festive period. By releasing the PMS into the market, the initiative seeks to bridge supply gaps and enhance the availability of fuel for public consumption.
ACG Ejibunu emphasized that the auction is a proactive measure designed to support the public during a critical period, ensuring smoother mobility and reducing the ripple effects of fuel shortages. This move not only demonstrates a commitment to upholding regulatory enforcement but also showcases the agency’s sensitivity to the socio-economic realities faced by citizens during the holidays.
Read press release bellow;
Why we are to Auction Seized 15,325 Liters of PMS - ACG Ejibunu.
The National Coordinator of Operation Whirlwind, ACG Hussein Ejibunu, has announced that 15,325 liters of seized Petroleum Motor Sprit (PMS) will be auctioned to the public to ease transportation hardship during the festive season.
Ejibunu made the announcement during a press briefing held at the Customs Training College, Ikeja, on Saturday, 21 December 2024.
He highlighted the recent seizure of 613 Jerrycans of PMS with a Duty Paid Value (DPV) of N27,565,000 by operatives in the Lagos-Ogun axis. "This operation has been on since 27 May 2024, and has yielded positive results, as the CGC has urged the operatives to continue sustaining the tempo until the activities of this economic saboteurs are stamped out of this country."
The Coordinator disclosed that, as directed by the CGC to auction the seized PMS, a court condemnation order and all legal processes have been finalised by the office of the Legal Adviser.
"On this note, the CGC has directed for Auctions of the seized product to members of the public at the rate of N10,000, per 25 litres. This will ease the transportation hardship during this festive period". He concluded.
