Yola, Adamawa State – In a bid to alleviate the current fuel scarcity and skyrocketing prices, the Nigeria Customs Service (NCS) has auctioned off seized petrol at the Nigeria/Cameroon border to the public at a subsidized rate of N360 per litre.
Fuel Price Hits N1300 in Adamawa
The development comes as fuel prices have surged to as high as N1300 per litre in Adamawa State, leaving residents struggling to access the essential commodity. The auction, conducted by the NCS Adamawa/Taraba Command, aims to cushion the effects of the scarcity and exploit the seized petrol.
Seized Petrol: 33,000 Litres
The NCS confiscated approximately 33,000 litres of petrol from smugglers attempting to cross the border into Cameroon. Instead of destroying the fuel, the customs service decided to auction it to the public.
– Location: Nigeria/Cameroon border, Adamawa State
– Quantity: 33,000 litres
– Price:*N360 per litre
– Beneficiaries:Members of the public, including motorists, business owners, and residents
Customs Spokesperson
“We are committed to ensuring the seized petrol benefits the Nigerian people, rather than destroying it,” said Theophilus Duniya, Public Relations Officer, NCS Adamawa/Taraba Command. “This auction demonstrates our efforts to support the government’s initiatives in addressing fuel scarcity.”
“This is a welcome relief,” said Mrs. Aisha Abubakar, a Yola resident. “We’ve been struggling to find fuel at affordable prices. The customs service’s decision is a lifeline.”
Impact on Fuel Scarcity
The auction is expected to alleviate the fuel shortage in Adamawa State, providing temporary relief to residents and businesses.
Government’s Response
The federal government has been working to address the fuel scarcity, with the Nigerian National Petroleum Corporation (NNPC) increasing fuel supply to affected areas.
