Bobloco:
They should also let us know how many litres of petrol get smuggled out through our northern borders into countries like Niger,chad, Cameroon even up to Mali

Amotekun777:
OK?

What value does this foolish info. adds to the average 9ja?

KingOfTheDamned:


Yes I know

popes001:
Porous,ill manned and unmanned borders. More like west Africa consumes 2bln litres of petrol in 28days.

subsidywise18:


Then you should not have said 98% of fuel is smuggled to Niger.

Smuggling happens on all borders. It happens because all our neighbours sell fuel above N350 (Benin and Cameroon are N400-10 per liter now). Smugglers do the math.

cenaman:
Half of the product is either hoard or smuggled to neighbouring countries.

Ojuntana:

Learn to read and understand properly before you comment. It is this narrative of smuggling the investigation by daily trust is exposing to be a lie.
It's a narrative being pushed by those who are profiting from the fuel importation scam.

KingOfTheDamned:


Dude are you dense ? I worked in the down stream I know all about azman, maitalo, AA Rano etc and where all there 44k liter trucks smuggle the fuel to...

subsidywise18:


Erm, the importers are actually benefiting from the smuggling. Cheap way of making money.

Plus, smuggling is happening.

I mean, assuming I live on the border with Benin, Niger and Cameroon..where fuel costs between N350-400 per liter....I can buy fuel at N165 per liter in a 50 liter jerrycan, carry it across the border , and sell to someone there at N250-300, and pocket a neat profit.

(I even confrnted a nairalander who was lamenting that the border closures of 2019 hampered his 'business of taking fuel to benin').

If smallies are doing that, imagine what the big bossses are doing....

Checks by Daily Trust Saturday showed that the daily consumption of petrol by the six countries bordering Nigeria, which are the possible smuggling destinations, as alleged by the Nigerian petroleum agencies, does not exceed 10m litres per day.
“Moreover, to smuggle, say, 53 million litres of petrol out of Nigeria everyday, would require 2,121 tankers and they will have to be moving every day for 30 days or so. How can they have free access to the borders every day? The borders will be congested and if they are following illegal routes, the humongous traffic of 63,636 tankers moving out every month will easily give them away to security operatives,” said the official.

Ojuntana:



Did you read this part or you're just peddling your bias that is not grounded on any fact?

subsidywise18:


Well, the same smuggling happens in the Southern borders too...not just the North. (I even confronted one nairalander here who admitted to carrying fuel across the border to Benin. I have also seen comments here that smugglied fuel is a big hit in Cameroon and Ghana..including an old comment from another nairalander about how Ghana was benefitting from smuggled fuel in 2012.

Arbitrage.

Plus, I am not denying smuglling happens in the Nawth...it just confirms my point that subsidy is costing us too much. Remove the subsidy and all the smuggling would stop..since we won't have massive price differential...plus Dangote and the other private refineries would be able to export legally..and earn everyone of us millions in dollars (including our neighbours).



P.S I don't appreciate you calling me 'dense' .If abuse is your game, I am not playing.

subsidywise18:


Well, the same smuggling happens in the Southern borders too...not just the North. (I even confronted one nairalander here who admitted to carrying fuel across the border to Benin. I have also seen comments here that smugglied fuel is a big hit in Cameroon and Ghana..including an old comment from another nairalander about how Ghana was benefitting from smuggled fuel in 2012.

Arbitrage.

Plus, I am not denying smuglling happens in the Nawth...it just confirms my point that subsidy is costing us too much. Remove the subsidy and all the smuggling would stop..since we won't have massive price differential...plus Dangote and the other private refineries would be able to export legally..and earn everyone of us millions in dollars (including our neighbours).



P.S I don't appreciate you calling me 'dense' .If abuse is your game, I am not playing.

KingOfTheDamned:

Smuggling of petroleum products has primarily been a Northen business for decades and still is. It is the Hausa man's business and you can't get into it as a southerner, they will use immigration and customs to wreck your life.

Those northern marketers I mentioned have those huge capacity trucks fleets for smuggling petroleum products through Nigerians borders . They use their 44000 liter and 50000.liter trucks to do this...

The Hausa man benefits from fraud and corrupt systems this is why they are kciking the most against subsidy removal

PS I didn't abuse you, I asked if you were dense. It is not the same as calling you dense

Ojuntana:



Did you read this part or you're just peddling your bias that is not grounded on any fact?

subsidywise18:


I did.

Smuggling does not happen all via tankers...ye know....

subsidywise18:


Ok, since you are too dense to see my point, good morning.

KingOfTheDamned:


Ah you have concluded I am dense without even 5akimg the time to ascertain this? At least I did inquire if you were dense based on the rather cretinous reasoning and mentally handicapped cognitive ability you were showing hence I had to inquire if you were dense.

Alas now you have affirmed my earlier suspicion that you are indeed a truly stupid individual who is probably drooling all over his phone as he reads this like a schizophrenic nonentity.

You have my sympathy. Imbecìle

Ojuntana:

Enlighten me

subsidywise18:


Good morning. You said that being called dense was not an insult.

So, I assumed it wasn't and when I called you dense, you start crying and shouting.

Next time, do be more calm. You started the abuse game, now you can't play it no more.

Have a good day.

KingOfTheDamned:


I asked you if you were dense based on your infantile comments , I didn't call.you dense and you went on to call me dense.

Are you too dense to understand this very obvious difference?

Wow. Are you struggling with a cognitive handicapp of sorts ?