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JUST IN: Nigerian Navy Intercepts 90 Drums Of Stolen PMS Worth N15m In Lagos

The PMS, totaling approximately 22,500 liters and valued at about N15 million, was seized..

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Drums of oil

The Nigerian Navy Ship (NNS) BEECROFT patrol team intercepted a large fibre boat containing over 90 drums of 250 liters each of Premium Motor Spirit (PMS) near Ijegun community in Lagos.

VerseNews reports that the arrest was made based on credible intelligence, and the vessel, abandoned near Ijegun, was discovered by the naval team according to the statement issued by the NNS BEECROFT Base Information Officer, Sub-Lieutenant Happiness Collins.

The PMS, totaling approximately 22,500 liters and valued at about N15 million, was seized.

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Commander NNS BEECROFT, Commodore Kolawole Olumide Oguntuga, said his team acted on credible intelligence and discovered the vessel abandoned near the Ijegun community. He said the perpetrators, upon sighting the naval team, fled.

 “In a remarkable feat under the ongoing Operation WATER GUARD, NNS BEECROFT’s patrol team successfully intercepted and seized a large fibre boat transporting illegally obtained Premium Motor Spirit (PMS) in the early hours of November 11, 2023.

“The confiscated boat contained over 90 drums of 250L each of PMS, totalling approximately 22,500 litres and valued at about 15 million naira at current pump price.

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“The prevention of illicit acquisition of such volatile products does not only curb economic sabotage, but also prevents outbreak of fire which may have dire consequences on life and property.

“This proactive operation underscores the Nigerian Navy’s unweaving commitment under the leadership of The Chief of The Naval Staff, Vice Admiral EI Ogalla, to safeguarding the nation’s petroleum resources for the benefit of Nigerians,” the statement reads in part.

 In another operation, the NNS BEECROFT patrol team and the maritime component of Operation AWATSE thwarted illegal bunkering activity at Folu Village in Ibeju Lekki, uncovering an 18,000-liter tanker with AGO, pumping machines, and hoses.

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