Oil
Customs impounds 38,000 litres of PMS in Adamawa
CEII brief
Punch reported on 22 Oct 2026: Customs impounds 38,000 litres of PMS in Adamawa.
Read the full story on PunchThe Nigeria Customs Service has seized over 38,000 litres of petrol (PMS) valued at N63m in various border communities across Adamawa State.
Context from CEII
Crude benchmarks move budgets, currencies and inflation in producer and importer countries alike. For economies such as Nigeria, where fuels dominate exports, production and refining decisions move the whole economy.
85.9% of Nigeria’s merchandise exports were fuels in 2025Countries in this story
Original reporting © Punch. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
