The Nigerian National Petroleum Corporation, NNPC, has proposed the setting up of a task force to check the smuggling of petroleum products across Nigeria’s borders.
The proposal was contained in a presentation made by the NNPC at Tuesday’s meeting of the National Economic Council, NEC, presided over by Vice President Yemi Osinbajo.
Governor of Ogun State, South West Nigeria, Dapo Abiodun, stated this while briefing State House correspondents after the meeting.
Governor Abiodun said that the NNPC, in its report, identified some factors as fuelling the smuggling of petroleum products from Nigeria to neighbouring countries.
He said that the factors identified in the NNPC report included access to illegal markets; high concentration of filling stations at border towns; and lack of adoption of appropriate technology to monitor and track movement of assets.
Others were inadequate security, breakdown of law and order as well as poor inter-agency cooperation.
Governor Abiodun said that in addition to the proposal to set up a task force, the report also called on stakeholders to “pursue complete industry – wide system automation to enable end-to-end real time tracking of petroleum product movement.”
He said the NNPC also proposed to the FG to set up a special task force on “illicit trade in petroleum product to compliment NNPC project white initiative.”
He said these suggestions were geared towards mitigation of PMS diversion and smuggling.