The Port and Terminal Multipurpose Ltd (PTML) Command of the Nigeria Customs Service (NCS) has announced a significant revenue milestone at the Lagos Port, generating N350 billion in nine months.
The revenue feat highlights the service’s efforts to strengthen revenue collection and combat smuggling.
“As we approach the end of the year, Nigerians often face fuel shortages, long queues, and arbitrary price increases that cause great hardship for travellers and businesses alike. In the last three days, we have witnessed an 8 per cent spike in the global oil price.
“I want to assure Nigerians that the Dangote refinery is fully committed to maintaining an uninterrupted supply of petrol throughout the festive period. Our goal is to ensure consistent product flow at stable prices, eliminating the disruptions and exploitation that have become common during the ember months,” he added.
The businessman called on the “holders of the other 30 refinery licences to seize this opportunity to support Mr President’s dream of making Nigeria the refining hub on the continent.”
The Dangote refinery started operations in 2024, significantly reducing Nigeria’s years of dependence on fuel importation.
Nigeria has since become an exporter of fuel to countries across the world, including Saudi Arabia and the United States.
