• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
    • Government
  • Security
  • Features
  • State
  • Event
    • PR Nigeria Award
  • E-Paper
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
    • ICPC Secures Conviction of Rector for Running Unaccredited Degree Programmes

      Engr Abba Babagana Dalori

      Engr Dalori Forfeits Galaxy Hospital, Petrol Station, Properties & Cash

      Chinese nationals jailed in Lagos

      Court Jails Nine Chinese Nationals for Cybercrime in Lagos

      ASUU

      Tackle Corruption, Institutional Decay – ASUU Charges FG

      EFCC Arraigns Bauchi Accountant General Over N8bn Fraud as Court Sentences…

  • Fact-Check
  • Economy
    • Tinubu Jets to Brazil After Japan Summit, Eyes Trade, Security Deals

      Comptroller-General of Customs, Bashir Adewale Adeniyi (MFR), hosted the Executive Chairman of FIRS, Dr. Zacch Adedeji,

      Customs and the “National Single Window” Project

      FG Earmarks N13bn to Boost Power Infrastructure in Lagos, Ogun

      Centre for Crisis Communication, CCC,

      CCC Reviews Keyamo’s Crisis Management in Aviation Disputes

      NITDA Applauds Tech Giants for Advancing Online Safety in Nigeria

  • National
    • PHOTOS: Finally, President Tinubu Confirms Pedro as NTA DG, Announces Three…

      FG, States, LGs Share N2.001trn for July, Says FAAC

      FG Unveils Personal Income Tax Calculator Under New Reform Laws

      ACF

      ACF Decries Worsening Insecurity in the North

      Saudi Arabia Conducts Life-Saving Cardiac Surgeries in Kano

    • Government
      • FG, States, LGs Share N2.001trn for July, Says FAAC

        FG Unveils Personal Income Tax Calculator Under New Reform Laws

        Saudi Arabia Conducts Life-Saving Cardiac Surgeries in Kano

        FG Subsidises Dialysis Cost to N12,000, Says Northwest Not Excluded

        Ibrahim Yahaya Dandakata of Arewa Economic Forum AEF

        Arewa Economic Forum Alleges Targeted Removal of NTA Chief, Calls for…

  • Security
    • CRUSHING BLOW: other Top Boko Haram commanders neutralized in Bita, Wigo

      DSP Ikenga Tochukwu, PPRO Anamabra State Police Command,

      Police Command Moves to Address Protest Concerns in Anambra

      Nigerian Military Refutes Misinterpretation of CDS Self-Defence Comment

      CDS, General Christopher Musa and Katsina lawmakers, led by Senator Abdulazeez Musa Yar’Adua,

      CDS, Katsina Lawmakers Strategize to Tackle Banditry

      CP Jimoh Moshood

      Lagos Police Intercept Vehicle Loaded with Cannabis

  • Features
    • The Arrest of Ansaru Kingpins Mahmud Muhammad Usman aka Abu Bara’a, and Mahmud al-Nigeri aka Mallam Mamuda

      Ribadu and the fall of Ansaru By Senator Iroegbu

      Fixing the Fault Lines in Nigeria’s Culture of Recognition, By Mukhtar…

      How Desperation Turns Nigerian Job Seekers Into Scam Targets By Tahir…

      Festus Keyamo Aviation Minister

      Rebuilding Trust in Nigeria’s Aviation Through Crisis Communication, By Mukhtar Ya’u…

      President Bola Ahmed Tinubu

      Citizen’s Diary: The message from the South-East to President Tinubu, by…

  • State
    • CRUSHING BLOW: other Top Boko Haram commanders neutralized in Bita, Wigo

      CP Jimoh Moshood

      Lagos Police Intercept Vehicle Loaded with Cannabis

      ACF

      ACF Decries Worsening Insecurity in the North

      Nigerian Navy Personnel

      Navy Hands Over Seized Smuggled Rice, Cannabis to Customs, NDLEA, Rescues…

      Inspector-General of Police Kayode Adeolu Egbetokun

      Police Creates 2 New Area Commands, Upgrades 5 Divisions in Benue…

  • Event
    • President Bola Ahmed Tinubu

      His Death is a National Loss, Tinubu Mourns Emir of Zuru

      Umar Lauya

      Umar Lauya Declares Candidacy for NYCN Presidency, Vows to Unite and…

      The Executive Secretary/CEO of the National Sugar Department Council (NSDC), Mr. Kamar Bakrin (L), with the CEO of Legacy Sugar Company, Alh. Abubakar Isa Musa (R), during the signing ceremony.

      NSDC, New Operators Seal Landmark Development Agreements, to Produce 400,000MT of…

      Regional Vice President Western and Central Africa at the World Bank, Mr Ousmane Diagana pays a courtesy visit to Baze University

      World Bank Vice President visits Baze University, Commends Educational Standards, Assures…

      NIPR President Ike Neliaku and a recently inducted PR professional from Kano

      PHOTOS: NIPR Inducts 80 New PR Professionals in Kano to its…

    • PR Nigeria Award
  • E-Paper

    Nigeria Customs: Leading the Charge Against Petroleum Smuggling

    By
    Abdulsalam Mahmud
    -
    September 12, 2024
    Bashir Adewale Adeniyi MFR
    CGC Bashir Adewale Adeniyi

    Nigeria Customs: Leading the Charge Against Petroleum Smuggling By Abdulsalam Mahmud,

    The rate at which crude oil is stolen and petroleum smuggled out of the country by economic saboteurs has become alarming. Crude oil theft and petrol smuggling are severely damaging Nigeria’s economy.

    These twin vices significantly reduce the enormous revenue that would otherwise accrue to the country if hydrocarbon products were legally sold to both local and international markets.

    In 2013, the then Minister of Finance and Coordinating Minister for the Economy, Dr. Ngozi Okonjo-Iweala, revealed to journalists at the Spring Meeting of the World Bank and the International Monetary Fund (IMF) in Washington DC, United States, that the federal government was losing $1 billion monthly to crude oil theft, amounting to $12 billion annually.

    The Nigeria Natural Resource Charter (NNRC) also estimated that the country lost N1.6 trillion in 2016 and N995 billion in 2017 to crude oil theft, translating to a loss of about $8.9 million daily and a combined loss of N2.6 trillion over the two-year period.

    Between 2015 and 2023, reports indicate that approximately 250,000 barrels of crude oil were stolen daily. The pioneer Chairman of the Economic and Financial Crimes Commission (EFCC), Malam Nuhu Ribadu—now the National Security Adviser (NSA)—once declared that $9 billion was lost each year to oil theft.

    The federal government, to its credit, has not left any stone unturned in its efforts to combat this economic crime. It has implemented strategic policy measures aimed at tightening the noose around crude thieves and smugglers.

    The Nigerian Navy, through its “Operation Delta Safe,” continues to dismantle illegal refineries in the Niger Delta creeks. Naval troops have also been arresting pipeline vandals and oil looters, while intercepting massive volumes of smuggled and looted crude products in recent years.

    In a bid to further strengthen the fight against petroleum smuggling, a high-level stakeholders’ meeting was convened on Monday, 9 September 2024, chaired by the National Security Adviser (NSA), Mallam Nuhu Ribadu.

    The meeting brought together representatives from key agencies, including the Nigeria Customs Service (NCS), Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Nigerian National Petroleum Company Limited (NNPC Ltd.), and major stakeholders such as the Independent Petroleum Marketers Association of Nigeria (IPMAN).

    After extensive deliberations, several key resolutions were adopted. First and foremost, a comprehensive public awareness campaign was launched to educate Nigerians on the detrimental effects of petroleum smuggling on both the economy and national security.

    Read Also:

    • CRUSHING BLOW: other Top Boko Haram commanders neutralized in Bita, Wigo
    • Police Command Moves to Address Protest Concerns in Anambra
    • PHOTOS: Finally, President Tinubu Confirms Pedro as NTA DG, Announces Three Female Executive Directors

    This campaign, spearheaded by all participating agencies, will leverage various media platforms to reach different segments of society. Moreover, all stakeholders categorically disassociated themselves from any smuggling activities and committed to stricter internal controls.

    They pledged to fully cooperate with the Nigeria Customs and other relevant agencies by reporting suspected cases of smuggling. To ensure continuous improvement, a formal mechanism for stakeholder feedback on anti-smuggling efforts was established.

    This includes periodic review meetings where relevant agencies and associations will assess progress. Furthermore, the participants emphasized the importance of enhanced collaboration between the NCS, NMDPRA, NNPC Ltd., and security agencies to support “Operation Whirlwind.”

    The establishment of a Centre for Linkages and Collaboration was agreed upon to unite all relevant stakeholders. Information sharing and joint operations were identified as crucial measures for combating smuggling more effectively.

    Recognizing the high operational costs, the meeting resolved to push for increased budgetary allocations for Operation Whirlwind, with all agencies pledging their support in securing necessary funding. The NNPC Ltd., NMDPRA, and NCS also committed to exploring advanced technologies to improve monitoring and control of petroleum product movements throughout the supply chain.

    Importantly, a strategy will be developed to actively engage community leaders, especially in border areas, as key partners in the fight against smuggling. Additionally, NSA Ribadu is tasked with coordinating efforts to strengthen the legal framework for anti-smuggling operations, including enforcing existing laws, enhancing penalties, and ensuring the prosecution of offenders.

    In their final resolution, the NCS, in collaboration with the NMDPRA and NNPC Ltd., agreed to formulate a long-term, sustainable strategy for combating petroleum smuggling. This strategy will be reviewed annually under the supervision of the NSA to ensure its effectiveness and adaptability.

    A joint monitoring team, comprising representatives from all participating agencies and associations, was established to oversee the implementation of these resolutions. The team will provide periodic progress reports to NSA Ribadu, ensuring transparency and accountability in the fight against smuggling.

    The meeting concluded with a renewed commitment from all parties to work collaboratively to eliminate petroleum smuggling and safeguard the integrity of Nigeria’s petroleum supply chain.

    With key stakeholders unified and robust strategies in place, there is hope that this menace can be effectively curtailed. Nigeria’s future and economic survival depend on ending petroleum smuggling now.

    Mahmud, Deputy Editor of PRNigeria, can be reached via: [email protected].

    VISIT OUR OTHER WEBSITES
    PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
    EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
    HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
    ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
    • TAGS
    • efcc
    • Mallam Nuhu Ribadu
    • Nigeria Natural Resource Charter
    • Nigerian Navy
    • NSA Ribadu
    Previous articleNUJ Reacts to President’s Tenure Extension
    Next articleFG Moves to Tackle Environmental Disasters, Earmarks N108bn For States
    Abdulsalam Mahmud
    Abdulsalam Mahmud
    Xing

    RELATED ARTICLESMORE FROM AUTHOR

    CRUSHING BLOW: other Top Boko Haram commanders neutralized in Bita, Wigo

    PHOTOS: Finally, President Tinubu Confirms Pedro as NTA DG, Announces Three Female Executive Directors

    Nigerian Military Refutes Misinterpretation of CDS Self-Defence Comment

    Anambra Police Nab Suspected Vandals, Recover Transformer Parts, High-Tension Cables

    Tinubu Jets to Brazil After Japan Summit, Eyes Trade, Security Deals

    Saudi Arabia Conducts Life-Saving Cardiac Surgeries in Kano

    Chief of Defence Staff (CDS), Gen. Christopher Musa

    CDS Musa Charges Citizens to Learn Combat Skills for Self-Defence

    Counter-Terrorism: ​MNJTF, OPHK Commanders Assess Lake Chad Operations

    CP Ikiouye Orutugu

    Anambra Police Arraign Four Over Child Defilement

    NSCDC: Interior Minister Decorates 22 Newly Promoted ACGs in Abuja

    ARCHIVE: Bandits' Informant captured in katsina

    Hunter, Farmer Killed as Villager Eliminates Armed Bandit in Separate Attacks in Northcentral

    Third Estate visits CP Olohundare Moshood Jimoh

    PHOTOS: Third Estate Salutes CP Jimoh’s Leadership in Transforming Lagos Policing

    Recent Posts

    • CRUSHING BLOW: other Top Boko Haram commanders neutralized in Bita, Wigo
    • Police Command Moves to Address Protest Concerns in Anambra
    • PHOTOS: Finally, President Tinubu Confirms Pedro as NTA DG, Announces Three Female Executive Directors
    • Nigerian Military Refutes Misinterpretation of CDS Self-Defence Comment
    • CDS, Katsina Lawmakers Strategize to Tackle Banditry
    • Home
    • About
    • Adverts
    • Contact
    © 2020 PRNigeria. All Rights Reserved.
    Latest News
    CRUSHING BLOW: other Top Boko Haram commanders neutralized in Bita, WigoPolice Command Moves to Address Protest Concerns in AnambraPHOTOS: Finally, President Tinubu Confirms Pedro as NTA DG, Announces Three Female Executive DirectorsNigerian Military Refutes Misinterpretation of CDS Self-Defence CommentCDS, Katsina Lawmakers Strategize to Tackle BanditryFG, States, LGs Share N2.001trn for July, Says FAACLagos Police Intercept Vehicle Loaded with CannabisFG Unveils Personal Income Tax Calculator Under New Reform LawsACF Decries Worsening Insecurity in the NorthNavy Hands Over Seized Smuggled Rice, Cannabis to Customs, NDLEA, Rescues Trafficking VictimsPolice Creates 2 New Area Commands, Upgrades 5 Divisions in Benue to Boost SecurityAnambra Police Nab Suspected Vandals, Recover Transformer Parts, High-Tension CablesTinubu Jets to Brazil After Japan Summit, Eyes Trade, Security DealsTroops Eliminate 2 Top ISWAP Commanders, Others in BornoSaudi Arabia Conducts Life-Saving Cardiac Surgeries in Kano
    X whatsapp