The Eastern Marine Command of the Nigeria Customs Service (NCS) has auctioned seized petroleum and palm oil products with a Duty Paid Value (DPV) of ₦26.53 million as part of efforts to curb smuggling and support the growth of local industries.
The public auction, held at the Command’s Oron Outstation in Akwa Ibom State, involved 14,720 litres of Premium Motor Spirit (PMS) and 14,925 litres of industrial palm oil, edible palm oil and vegetable oil.
The exercise was conducted in accordance with Section 119 of the Nigeria Customs Service Act, 2023.
Speaking during the auction, the Acting Comptroller of the Eastern Marine Command, Deputy Comptroller Esien Esiet, said the exercise demonstrates the Service’s commitment to transparency, accountability and the lawful disposal of seized items while creating a conducive environment for legitimate businesses to thrive.
He explained that the products were intercepted during anti-smuggling operations within the Command’s area of responsibility, noting that smuggling undermines local industries, distorts fair competition and deprives the government of much-needed revenue.
According to him, tackling smuggling remains essential to protecting indigenous industries, encouraging investment and promoting sustainable economic growth.
Deputy Comptroller Esiet commended officers and personnel of the Command for their professionalism and resilience in securing Nigeria’s maritime borders despite the challenging operational environment.
He assured participants that the auction was conducted in a transparent, fair and legally compliant manner, providing equal opportunities for all eligible bidders.
The Acting Comptroller also appreciated the Comptroller-General of Customs, Adewale Adeniyi, for his leadership and support, while acknowledging the contributions of other security agencies, traditional rulers, community leaders and the media in combating trans-border crimes.
He urged members of the public and other stakeholders to remain law-abiding and support the Nigeria Customs Service’s efforts to curb smuggling, protect the nation’s economic interests and create an enabling environment for local industries to grow.