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Shocking! Illegal Traders Profit From Nigerian Fuel In Togo(aljazeera Report) - Nairaland / General - Nairaland

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Shocking! Illegal Traders Profit From Nigerian Fuel In Togo(aljazeera Report) by rhajaan(m): 11:06pm On May 26, 2015
While Nigerians have had to go without fuel,
some of the country's petrol is being sold in
Togo.
Illegal traders are smuggling it via the sea to
Togo's border with Benin to Nigeria's west, and
are making huge profits.
Those selling the fuel in Togo, who on a good
day can make $40, say it is the only thing they
can do to survive.
Al Jazeera's Ama Boateng, reporting from Lome,
Togo's capital, says buyers insist it is cheaper
than using a fuel station and more convenient.
Even though it is illegal, the fuel is being sold in
the open along roadsides.
Emmanuel Sogadji, president of the Consumers'
Association of Togo, says the government needs
to build more fuel stations or regulate the sellers
so that they could operate safely and pay tax.
"From Lome to the border Aneho, there are no
fuel stations," Sogadji says.
"If a car runs out of fuel the driver must push
his vehicle to the border town before refuelling.
This is why along the roadside you will find
people selling prohibited fuel. Go to some
districts and villages in the interior of the
country and you won't see a fuel station at all."
Source: Al Jazeera www.aljazeera.com/news/2015/05/illegal-traders-profit-nigerian-fuel-togo-150526171024411.html

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Re: Shocking! Illegal Traders Profit From Nigerian Fuel In Togo(aljazeera Report) by rhajaan(m): 11:12pm On May 26, 2015

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Re: Shocking! Illegal Traders Profit From Nigerian Fuel In Togo(aljazeera Report) by rhajaan(m): 11:17pm On May 26, 2015
The marketers claim subsidy from government, yet divert the imported subsidized fuel and sell at a higher price. Wickedness at its peak

orikinla: Very large tankers known as motherships
holding some 60,000 metric tonnes of fuel – come
from Europe and elsewhere and, too big to enter
port, moor offshore.
Nigerian companies charter smaller tankers –
holding 5,000 to 10,000 metric tonnes – to ferry
the fuel from the mothership to depots onshore,
from where it is distributed to filling stations.
Because the imports are subsidised by the
government, fuel is cheaper in Nigeria than in
Benin, Togo, Cameroon, the Central African
Republic, Chad and Niger.

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Re: Shocking! Illegal Traders Profit From Nigerian Fuel In Togo(aljazeera Report) by rhajaan(m): 11:20pm On May 26, 2015
Blood and Oil...that movie...just sums it all....most if not all oil dealings in Nigeria are inherently illegal

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Re: Shocking! Illegal Traders Profit From Nigerian Fuel In Togo(aljazeera Report) by rhajaan(m): 11:20pm On May 26, 2015
orikinla: Very large tankers known as motherships –
holding some 60,000 metric tonnes of fuel – come
from Europe and elsewhere and, too big to enter
port, moor offshore.
Nigerian companies charter smaller tankers –
holding 5,000 to 10,000 metric tonnes – to ferry
the fuel from the mothership to depots onshore,
from where it is distributed to filling stations.
Because the imports are subsidised by the
government, fuel is cheaper in Nigeria than in
Benin, Togo, Cameroon, the Central African
Republic, Chad and Niger.

1 Like

Re: Shocking! Illegal Traders Profit From Nigerian Fuel In Togo(aljazeera Report) by chaberry(m): 11:22pm On May 26, 2015
The hustle must continue

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