The Nigeria Customs Service, Adamawa/Taraba Area Command, said there has been a significant reduction in the smuggling of premium motor spirits, also known as petrol, since the removal of fuel subsidy.
President Bola Ahmed Tinubu had, during his inaugural speech on May 29, 2023, announced that the Federal Government can’t afford to continue to pay subsidy on fuel consumption, describing the policy as “a scam.”
Tinubu also said the days of the country acting as Father Christmas to her neighbours while Nigerians suffer the negative impact of the fuel subsidy are over.
Since the Presidential pronouncement, unofficial reports claimed that the nation’s daily fuel consumption figures, hitherto estimated at 66 to 70 million litres per day, have dropped to around 35 million litres.
Many analysts have attributed the massive drop to a reduction in the smuggling of the product to neighbouring countries, a practice that was rife during the subsidy regime.
Corroborating this claim, the Customs Area Controller in charge of Adamawa/Taraba command, Salisu Abdullahi, said evidence showed that fuel smuggling has reduced.