Okechukwu Nnodim, AbujaSmugglers of Premium Motor Spirit, popularly called petrol, are stealing about 10 million litres of the commodity daily and selling it to neighbouring countries, the Nigerian National Petroleum Corporation has declared on Tuesday. We also expected crisis during the election, we prepared for them and we thank God that our plans worked real good. This is because we are aware that there is a lot of leakage through the smuggling of products. But how many 50 litres are there in a truck of 30,000 litres? For instance, in The Niger Republic, you are able to sell a litre of petrol for N427, while we (Nigeria) are selling at N145/litre, and if is taken from the dealer, it is N133.28/litre.

Source: Punch June 19, 2019 02:26 UTC