The Nigeria Customs Service (NCS) has announced plans to auction off 15,325 litres of seized petrol at ₦400 per litre to help ease transportation challenges during the festive season.
This move is part of the service’s efforts to combat economic sabotage and support public welfare.
The seized petrol, valued at ₦27.5 million, was confiscated during operations conducted in Lagos and Ogun states.
Hussein Ejibunu, National Coordinator of the service’s Operation Whirlwind, revealed that the auction has been authorized by Adewale Adeniyi, Comptroller-General of Customs.
The fuel will be sold at ₦10,000 per 25-litre container, and all legal and procedural requirements have been finalized to facilitate the auction process.
Ejibunu explained that the operation has delivered positive results since its inception on May 27, 2024, and the Comptroller-General has directed operatives to sustain the momentum until economic saboteurs are eradicated.
The auction aims to alleviate transportation difficulties during the festive period, and the proceeds will follow legal protocols to ensure transparency and accountability.