…that a price gap between Nigeria and neighbouring countries would revive cross-border fuel smuggling.
…provisions of the Petroleum Industry Act. He raised concerns about a possible return of fuel smuggling if subsidised petrol is sold significantly cheaper in Nigeria than in neighbouring countries. “Any regime that creates a wide gap between Nigerian pump prices and neighbouring West African markets guarantees a return…
…attention. The nation’s porous frontiers facilitate not only illicit alcohol but also fuel smuggling, counterfeit medicines, illegal tobacco, and numerous other forms of organised crime. Investments in technology, intelligence-sharing and risk-based inspections would strengthen enforcement across multiple sectors. Prod…