Nigeria scores an early win in its battle with gasoline smugglers
Issue 406 - 19 Dec 2019
President Muhammadu Buhari’s decision in August to shut Nigeria’s land borders with Benin and other neighbouring states has earned the wrath of regional governments, which have slammed Abuja for not honouring its free trade obligations. But the political and financial gains to Buhari and Nigerian National Petroleum Corporation (NNPC) are sizeable and there are no signs that Buhari plans to reopen the borders.NNPC on 16 December revealed operating data that showed a major fall in gasoline supply within Nigeria for the month after the border closures.
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