Black Market Petroleum Dealers Invade Lagos Ports
LAGOS:There are strong indications that petty black market dealers of petroleum product may have taken full advantage of the period of petroleum scarcity experienced in the country, even as scores of them can now be found hustling within the premises of the Tin Can Island port in Lagos.
As a result of the nature of the two terminals around the Tin Can Island port, being a vehicle importing terminal, the black market boys are found hovering mostly around the Ports and Terminal Multi services Limited (PTML) as well as around the Five Star Logistics Terminal looking for potential customers.
Due to the stress of locating filling stations around the port and the urgency with which the owners of the vehicles need the commodity, the boys take advantage of the situation and sell the product at cut throat prices.
Investigations have also confirmed that many of the boys are equally located at the mile-2 terminal of the PTML and that they are making use of the Fort Oil Filling Station around Berger Bus-Stop along Apapa-Oshodi expressway to stash their products.
Speaking on the development today, a product supplier inside the Tincan Island Port who simply identified himself as ‘Shalom’ confirmed that the difference in the price of the product ranges from N500 to N1000.
Shalom explained that he is the only person that is permitted to supply diesel to trucks that are trying to make their way out of the Tincan port and that the Nigerian Ports Authority and the Port Police are already on the tail of other black market sellers.
“I am working inside the port as a labor worker, the reasons why i am selling in the port is just because I work inside the port”
“As am talking to you now, a lot of trucks are stranded inside the port overnight, they need diesel to be able to move out of the port, but they cannot go outside the port to bring in product, so I that am inside provide the support service of bringing it for them” he explained
Confirming the pricing of the product that are so gotten, Shallom explain that “the price outside the port and the price inside is not the same, the difference is 500 naira or 1000 naira, I don’t sell per liter, I start from twenty five liters, if I go out to buy it for 4000naira, I can give it to them inside the port for 5000 or 4,500”