Fuel smugglers made N17m per trip under the Petrol Subsidy Regime – Mele Kyari

Fuel smugglers made N17m per trip under the Petrol Subsidy Regime – Mele Kyari

Fuel smugglers made N17m per trip under the Petrol Subsidy Regime – Mele Kyari …C0NTINUE READING HERE >>>

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari has said that Premium Motor Spirit, Petrol smugglers made a swooping N17 million per trip during the petrol subsidy regime.

He disclosed this at the weekend while speaking with Journalists on the impact of fuel removal by President Bola Ahmed Tinubu.

According to him, the government ended fuel arbitrage with the removal of subsidy in June last year.

“In a 6,000-litre truck, you can gain up to N17 million from just one truck. How are you going to stop someone who with two trips can just…

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