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Sunday, 22 September 2019

Smuggling declines over border closures -PPPRA


The Petroleum Products Pricing Regulatory Agency (PPPRA) at the weekend said Premium Motor Spirit (PMS) supply trend since the partial closure of the country’s borders, showed a gradual reduction in the volume of PMS trucked out.

Its General Manager, Corporate Services, Kimchi Appollo, disclosed this in a statement.

He said that according to statistics, records from various depots nationwide for 5th to 11th August 2019 stood at about 61 million litres, representing the average daily volume trucked out before the border closure.

The Agency observed from the data obtained between the 12th and 18th August 2019, a drop of about 35% in volume trucked out from the previous week, which could be attributed to the reduction of activities at various facilities during the Sallah holiday.

However, from the 19th to 25th August 2019, which falls within the period in which the borders were partially closed, the Agency recorded an average daily truck out figure of about 57 million litres which falls below the daily average figure for the week 5th to 11th August 2019. (Thenation)

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