The Authority’s Executive Director , Distribution Systems , Storage and Retailing Infrastructure, Ogbugo Ukoha emphasised that every litre diverted from its legitimate destination undermines market integrity, distorts demand and supply data, weakens investment confidence and ultimately compromises the efficiency and sustainability of the petroleum industry.
By complementing physical enforcement with data-driven surveillance and stronger collaboration among regulatory, security, and
enforcement agencies, Nigeria can further improve the traceability and accountability of petroleum product movements, proactively address diversion risks, and strengthen the overall integrity and resilience of the petroleum supply chain.
Geopolitical tensions and international shocks can also create arbitrage opportunities, thereby increasing the incentives for diversion, smuggling and other forms of illicit cross-border movement.
The workshop introduced measures to strengthen inter-agency collaboration, enforcement, use of technology and operational integrity.
