Dangote Petroleum Refinery has reduced its ex-depot price for Premium Motor Spirit (PMS) by N100, with the refinery now selling at N1,075.
The reduction from N1,175 marks the first downward adjustment after several increases recorded in recent days.
According to the refinery’s latest pricing template released on Tuesday, as seen on Petroleumprice.ng, the gantry price of petrol has been cut by N100 to N1,075 per litre.
The refinery disclosed that PMS supplied from the depot will now sell at N1,075, which is an 8.5% reduction from Monday’s price.
In addition, the gantry price of Automotive Gas Oil, commonly known as diesel, has been reduced to N1,430 per litre, representing a N190 drop from the earlier price of N1,620 per litre.
Customs seizes N273.4m worth of tramadol tablets in Yobe
The Nigeria Customs Service (NCS) has seized 248,500 tablets of Tramadol Hydrochloride valued at N273.4 million during an intelligence-driven anti-smuggling operation in Yobe State.
Ashenews gathered the recent update on Monday, citing the Controller of the Federal Operations Unit (FOU) Zone ‘D’, Bauchi, Abdullahi Ka’ila, who disclosed the seizure at a news conference in Bauchi.
According to Ka’ila, the drugs were intercepted following credible intelligence that a large consignment of Tramadol was being moved through covert routes in Gumsi Village, located in Nguru Local Government Area of Yobe State.
Surveillance teams deployed by the unit subsequently carried out a coordinated operation that led to the recovery of the consignment.
Ka’ila said the operation was part of ongoing efforts by the customs service to curb illicit drug trafficking and safeguard public health.
“The consignment has an estimated street value of N273,350,000. The operation disrupted a major trafficking network believed to have connections beyond Nigeria into neighbouring countries and international markets,” he said.
He explained that Tramadol is a synthetic opioid analgesic intended strictly for medical use under regulated conditions, but has increasingly become a substance of abuse, particularly among youths.
According to him, the illegal importation, sale, and possession of the drug outside regulatory approval constitutes a criminal offence. He added that the rising abuse of Tramadol has contributed to growing cases of addiction and related criminal activities.
