Nigeria loses N80bn daily to petroleum products smuggling — NISA boss

08 January 2016, Lagos —Chairman of the Nigeria Shipowners Association, NISA, Capt. Niyi Labinjo, has said that the country is losing N80 billion daily to petroleum products smuggled into the country. In an exclusive interview with Vanguard, Labinjo explained that half the 1.8 million litres daily national need of Premium Motor Spirit, PMS, is smuggled […] More »