April 29, 2025
Lagos, Nigeria

Fuel Subsidy

Economy

Fuel Smuggling Persists Despite Subsidy Removal, Nigeria Customs Reports

Despite the Nigerian government’s removal of fuel subsidies, the Nigeria Customs Service (NCS) reports that fuel smuggling remains a lucrative activity due to significant price disparities between Nigeria and its neighboring countries. At a press briefing in Abuja on Tuesday, Comptroller General of Customs, Adewale Adeniyi, explained that the price of Premium Motor Spirit (PMS)

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