Amid petrol scarcity, the Nigeria Customs Service, Seme Area Command, has impounded 33,390 litres of Premium Motor Spirit (PMS), popularly known as petrol, with Duty Paid Value (DPV) of eight million, eight hundred and eight thousand, two hundred and eighty (N8,808,280.00), along the Badagry waterways.
While petrol sells at regulated price of N165/litre in Nigeria, it goes as high as N700/per litre in most African countries. This has resulted in some unscrupulous marketers smuggling the product out, at the expense of the country.
