NNPC Limited has said some West African and Central African countries have stopped importing petroleum products and depend solely on smuggled products from Nigeria.
Umar Ajia, the Chief Financial Officer of NNPC Limited, revealed this on Monday while speaking before an ad hoc Committee of the House of Representatives investigating fuel subsidy.
The CFO said most countries surrounding Nigeria now fully depend on the subsidy from Nigeria to sustain.
He disclosed that the smuggling of petroleum products is so easy because of the porous borders and anyone with N5 million can make the cross.
“If you have five million naira, you can cross the borders with trucks laden with PMS, that is the bitter truth, we have porous borders; yes we have Customs but I do not know.
“PMS crosses everywhere, to Cameroon through the North East, Nigerian PMS gets to Mali; our neighbouring countries hardly import PMS; infact, some of them do not have the LC cover to back up imports.
“Cameroon refinery got burnt sometime last year or so, since that time, they have not imported PSM but they are still using PMS; if you go to Niger, you find that PMS is sold in bottles.”
He further stated that Ogun, Oyo and Niger State are the largest consumers of petrols.
Ajia insisted that the Nigerian government does not know the exact figure of daily consumption, rather relies on the number of trucks out.
Following the revelation, the chairman of the committee, Ibrahim Almustapha, said the actions of the officials charged with managing the sector may sink the country.
Almustapha, therefore, ruled that all subsidiaries of the NNPC limited must appear before the committee on Thursday.
Posts
Thank you for reaching out to us. We are happy to receive your opinion and request. If you need advert or sponsored post, We’re excited you’re considering advertising or sponsoring a post on our blog. Your support is what keeps us going. With the current trend, it’s very obvious content marketing is the way to go. Banner advertising and trying to get customers through Google Adwords may get you customers but it has been proven beyond doubt that Content Marketing has more lasting benefits.
We offer majorly two types of advertising:
1. Sponsored Posts: If you are really interested in publishing a sponsored post or a press release, video content, advertorial or any other kind of sponsored post, then you are at the right place.
WHAT KIND OF SPONSORED POSTS DO WE ACCEPT?
Generally, a sponsored post can be any of the following:
Press release
Advertorial
Video content
Article
Interview
This kind of post is usually written to promote you or your business. However, we do prefer posts that naturally flow with the site’s general content. This means we can also promote artists, songs, cosmetic products and things that you love of all products or services.
DURATION & BONUSES
Every sponsored article will remain live on the site as long as this website exists. The duration is indefinite! Again, we will share your post on our social media channels and our email subscribers too will get to read your article. You’re exposing your article to our: Twitter followers, Facebook fans and other social networks.
We will also try as much as possible to optimize your post for search engines as well.
Submission of Materials : Sponsored post should be well written in English language and all materials must be delivered via electronic medium. All sponsored posts must be delivered via electronic version, either on disk or e-mail on Microsoft Word unless otherwise noted.
PRICING
The price largely depends on if you’re writing the content or we’re to do that. But if your are writing the content, it is $60 per article.
2. Banner Advertising: We also offer banner advertising in various sizes and of course, our prices are flexible. you may choose to for the weekly rate or simply buy your desired number of impressions.
Technical Details And Pricing
Banner Size 300 X 250 pixels : Appears on the home page and below all pages on the site.
Banner Size 728 X 90 pixels: Appears on the top right Corner of the homepage and all pages on the site.
Large rectangle Banner Size (336x280) : Appears on the home page and below all pages on the site.
Small square (200x200) : Appears on the right side of the home page and all pages on the site.
Half page (300x600) : Appears on the right side of the home page and all pages on the site.
Portrait (300x1050) : Appears on the right side of the home page and all pages on the site.
Billboard (970x250) : Appears on the home page.
Submission of Materials : Banner ads can be in jpeg, jpg and gif format. All materials must be deliverd via electronic medium. All ads must be delivered via electronic version, either on disk or e-mail in the ordered pixel dimensions unless otherwise noted.
For advertising offers, send an email with your name,company, website, country and advert or sponsored post you want to appear on our website to advert @ alexa. ng
Normally, we should respond within 48 hours.