EFCC sells confiscated petrol at N85.5 in Kano

The Economic and Financial Crimes Commission (EFCC) has sold off 55,000 litres of petrol it confiscated from an independent marketer in Kano. The petrol, seized from an independent marketer two months ago and sold off at N85.50 per litre, is estimated to be worth N4.7 million, according to the commission’s spokesman Wilson Uwajaeren. He said […]

The Economic and Financial Crimes Commission (EFCC) has sold off 55,000 litres of petrol it confiscated from an independent marketer in Kano.

The petrol, seized from an independent marketer two months ago and sold off at N85.50 per litre, is estimated to be worth N4.7 million, according to the commission’s spokesman Wilson Uwajaeren.

He said the product was seized shortly after it was diverted and off-loaded at an independent filing station located at Abasawa village in Gezawa local government area of Kano.

Uwajaeren, who spoke through the EFCC’s Public Relation Officer in Kano, Fatima Abubakar, said four people were arrested in connection with the diversion.

He said according to a manifest from the Department of Petroleum Resources (DPR) the fuel belongs to Total Nigeria Plc and was expected to be discharged at Beha Tech filling station in Giade local government, Bauchi state but was diverted to Abasawa village for onward salel above N85.5 per litre.

“The EFCC is mandated to act in any matter that concerns the economy. After we impounded the product and the arrested the people involved in the act, we then obtained an order from the court which enables the commission to sell the fuel at government approved price and here we are today selling it to the public at N85.5 per liter in compliance with the court order,” he said.

Some motorists, who spoke to Daily Trust expressed delight on the decision taken the commission, saying this will serve as deterrent to other independent marketers that have corrupted minds.

 

Aliyu Isa, a commercial driver said: “Had the commission adopted this kind of measures, people will not suffer from the scarcity of the product in the state. I am calling on the DPR to also borrow a leaf from the EFCC.”

He called on the FECC officials to continue with the exercise, as according to him the method will continue to yield positive results in the crusade against diversion of the product.

Another motorist, Muhammad Inuwa Kawo also commended the commission, saying “this is the kind of response the public needed from government agencies responsible for handling fuel matters. We need action not talking. I am sure this single action of the commission will send a bad signal to whoever is into the business fuel diversion.”