• About Us
  • Contact Us
  • Privacy & Policy
Saturday, March 28, 2026
Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history
Advertisement
  • National
  • Politics
  • Economy
  • Entertainment
  • Sports
  • Editorial
  • Opinion
  • Columns
No Result
View All Result
  • National
  • Politics
  • Economy
  • Entertainment
  • Sports
  • Editorial
  • Opinion
  • Columns
No Result
View All Result
Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history
No Result
View All Result

NSA Sounds Alarm: Smuggling Endangers Naira’s Future

Vincent Amadi by Vincent Amadi
February 27, 2025
in Economy
Reading Time: 2 mins read
A A
0
NSA Sounds Alarm: Smuggling Endangers Naira’s Future
Share on FacebookShare on TwitterShare on WhatsappShare on EmailShare on Telegram


National Security Advisor (NSA), Mallam Nuhu Ribadu, has condemned the rising trend of smuggling petroleum products abroad, adding that if not addressed, instability in the foreign exchange market will continue.
Ribadu made the statement on Monday in Abuja at a meeting with officials of ‘Operation Whirlwind’, an initiative organized by the Nigerian Customs Service dedicated to combating the smuggling of petroleum products abroad.
He said, “We have been suffering due to smuggling, and if we want to address our economic problems, smuggling has to stop. It is difficult because it is like cancer and eats up everything. It destroys us and even our security forces because of the very few individuals making profit from it and half of them are not even Nigerians.


“I don’t think there is any country that suffers from smuggling like Nigeria and we have to address it now because with the trouble we are going through, we can’t stabilize Naira and if we can’t stabilize Naira, then we are in trouble.”
The NSA also announced that the agency would provide the necessary support to the Customs Service and other security agencies to address the current problem.
The National Coordinator of ‘Operation Whirlwind’, Comptroller Hussein Ejibunu, also explained that the plan was launched on May 28, 2024, and that military personnel had swung into action in collaboration with the NMDPR to help implement the mission.
He further said, “From May till date, the Customs has made about 27 seizures and detected smuggling networks in Badagry and Adamawa.


Other activities have also contributed to improving border security and have succeeded in curbing fuel smuggling. Our collaboration with NMDPRA is also very important and crucial. We have seized 500,000 litres of PMS so far using seven trucks across a total of 475 metres.
“The seizures were done in Kebbi, Sokoto, Lagos and Adamawa. We have opened other axis in Kwara, Niger, Katsina and Kano. Because of this work, most of our officers are on death threats including myself and they sent us messages to desist from fighting, but we won’t relate because we ought to fight and ensure survival of Nigeria,” he explained.

The Comptroller General of Customs, Bashir Adewale Adeniyi explained that the objective of the stakeholders was to nip smuggling in the bud.
“We won’t spare any effort in combating the menace and this explains why we launched Operations Whirlwind and we have made some progress.
“However, we need funding because we spend about N230 million monthly to sustain the operation and because it is not in our budget it is not sustainable and Customs may not be able to drive it alone. As such, we will need funding collaboration and we intend to sustain it till the end of the year,” he added.

Tags: business
Vincent Amadi

Vincent Amadi

Related Posts

Salary Tax Nigeria 2026: How to Calculate PAYE and Take-Home Pay
Economy

Salary Tax Nigeria 2026: How to Calculate PAYE and Take-Home Pay

4 hours ago
How To Fill Your Personal Income Tax In Nigeria
Economy

How To Fill Your Personal Income Tax In Nigeria

5 hours ago
Naira ends week on positive note against dollar
Economy

Naira Gains Against Dollar at Official Market

1 day ago
Naira ends week on positive note against dollar
Economy

Naira makes significant appreciation against US dollar

2 weeks ago

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

NATIONS NEWS

Niger APC chieftain blasts El-Rufai over Tinubu ‘Life President’ remark
National

ICPC releases El-Rufai from custody after mother’s death

3 hours ago
Avoid PDP, it’s torn to pieces – Akpabio tell politicians
National

APC has 32 governors under Tinubu, more will join before 2027 elections – Akpabio

4 hours ago
Nigeria and Brazil to sign MoU on direct flight
National

We do not want one-party state – Tinubu

4 hours ago
Akpabio, Moro in heated argument over senators’ defections
National

There are only two parties in Nigeria: APC and others – Akpabio mocks opposition

4 hours ago
Why I resigned — Kano deputy governor clarifies
National

Why I resigned — Kano deputy governor clarifies

4 hours ago
FG Gives Nod To ‘Nigeria First’ Policy To Improve Support For Local Industry. 
National

APC National Convention: 8,453 Delegates Confirmed Nationwide

1 day ago

POLITICS

Avoid PDP, it’s torn to pieces – Akpabio tell politicians

APC has 32 governors under Tinubu, more will join before 2027 elections – Akpabio

4 hours ago
Nigeria and Brazil to sign MoU on direct flight

We do not want one-party state – Tinubu

4 hours ago
Akpabio, Moro in heated argument over senators’ defections

There are only two parties in Nigeria: APC and others – Akpabio mocks opposition

4 hours ago
Why I resigned — Kano deputy governor clarifies

Why I resigned — Kano deputy governor clarifies

4 hours ago
FG Gives Nod To ‘Nigeria First’ Policy To Improve Support For Local Industry. 

APC National Convention: 8,453 Delegates Confirmed Nationwide

1 day ago
Osun APC supports FG over seizure of LG allocations

APC Convention: Roads Closed, Civil Servants Ordered to Work from home

1 day ago

YOUR ECONOMY

Salary Tax Nigeria 2026: How to Calculate PAYE and Take-Home Pay
Economy

Salary Tax Nigeria 2026: How to Calculate PAYE and Take-Home Pay

4 hours ago
How To Fill Your Personal Income Tax In Nigeria
Economy

How To Fill Your Personal Income Tax In Nigeria

5 hours ago
Naira ends week on positive note against dollar
Economy

Naira Gains Against Dollar at Official Market

1 day ago
Naira ends week on positive note against dollar
Economy

Naira makes significant appreciation against US dollar

2 weeks ago
Nigeria’s Economy Not Well Equipped for Subsidy Removal – Economist Warns Against Monopoly
Economy

FG suspends petrol import licences twice in two months

2 weeks ago
Oil price: There’ll grave consequences – Saudi Arabia warns
Economy

Oil price: There’ll grave consequences – Saudi Arabia warns

2 weeks ago

E & P

Mikel Arteta
Sports

Carabao Cup final: Arteta’s Arsenal loses 2-0 to Man City

by Steven Atogi
5 days ago
0

Former Liverpool midfielder, Jamie Redknapp, has criticised Arsenal manager Mikel Arteta over his decision to start Kepa Arrizabalaga ahead of...

EPL: Super Eagles star Aina wins first POTM award

EPL: Super Eagles star Aina wins first POTM award

2 weeks ago
LaLiga: Adams excited after ending goal drought at Sevilla

LaLiga: Adams excited after ending goal drought at Sevilla

3 weeks ago
LaLiga: Ighalo confident Lookman will excel under Simeone at Atletico Madrid

LaLiga: Ighalo confident Lookman will excel under Simeone at Atletico Madrid

1 month ago
It’s the toughest season of my career, says Pep Guardiola of Man City

EPL: Three managers shortlisted to replace Guardiola at Man City

2 months ago
Transfer: Ademola Lookman lands in Madrid ahead of medicals

Transfer: Ademola Lookman lands in Madrid ahead of medicals

2 months ago

YOUR THOUGHT & HISTORY

NASS Rubber-Stamp Tinubu: PDP Chieftain Blasts Legislature, Calls Akpabio ‘Unfit’
National

NASS Rubber-Stamp Tinubu: PDP Chieftain Blasts Legislature, Calls Akpabio ‘Unfit’

by Steven Atogi
6 months ago
The Union, the Tycoon, and the State: Dangote versus PENGASSAN War, A New Precedent for Nigerian Labour
Opinion

The Union, the Tycoon, and the State: Dangote versus PENGASSAN War, A New Precedent for Nigerian Labour

by Odini Brains
6 months ago
HOW MR EAZI, OTEDOLA’S SON-IN-LAW, BUILT AN 18-COUNTRY EMPIRE
Opinion

HOW MR EAZI, OTEDOLA’S SON-IN-LAW, BUILT AN 18-COUNTRY EMPIRE

by Odini Brains
7 months ago
Mr Eazi and Temi Otedola: A Love Story That Traveled Three Continents
National

Mr Eazi and Temi Otedola: A Love Story That Traveled Three Continents

by Odini Brains
7 months ago
The Rise And Fall Of Sports Institute, Isaka
Columns

The Rise And Fall Of Sports Institute, Isaka

by Tammy Opoki
7 months ago

Who we are

Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history

Welcome to Umpire News, your go-to online newspaper dedicated to broadening perspectives and expanding the horizons of our numerous readers. Read more

Browse by Category

  • Columns
  • Economy
  • Editorial
  • Entertainment
  • International
  • National
  • News
  • Opinion
  • Politics
  • Sports
  • Trends

Recent News

Niger APC chieftain blasts El-Rufai over Tinubu ‘Life President’ remark

ICPC releases El-Rufai from custody after mother’s death

March 28, 2026
Avoid PDP, it’s torn to pieces – Akpabio tell politicians

APC has 32 governors under Tinubu, more will join before 2027 elections – Akpabio

March 28, 2026
  • About Us
  • Contact Us
  • Privacy & Policy

© 2024 Copyright Umpirenews. All rights reserved

No Result
View All Result
  • Home
  • National
  • Economy
  • Politics
  • Sports
  • Entertainment
  • Editorial
  • Opinion
  • Columns

© 2024 Copyright Umpirenews. All rights reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

🤑Join & Get Our Easter Gifts 🤑

Enter your NAME & Email NOW!!

Be among the 1st 100 lucky WINNERS to win our Amazing GIFTs this Easter Period as you READ our Daily hot NEWs & make meaningful comments and follow us on our social media handles.

Name
Enter your email address