Home   >   News   >   General News   >   201404
Fuel - Bonanza For Smugglers   
 
  << Prev  |  Next >>
 
09-Apr-2014  
Comments ( 0 )     Email    Print
       
 
 
 
 
 
Related Stories
 
Smuggling of refined petroleum products from Ghana to Ivory Coast through the Dormaa West District of the Brong Ahafo Region is regarded as the most lucrative business in the area.

Investigations conducted by The Finder revealed that smuggling of petroleum products across the border from Nkrankwanta in the Dormaa West District of the Brong Ahafo Region to Daame in Ivory Coast is a thriving business providing livelihood for many families.

The smugglers tend to make huge profits on these products when smuggled outside the country due to the differences in exchange rates between the Ghana cedi and the CFA.

It was discovered that the price of a gallon of fuel in Ghana is cheaper than a gallon of fuel in Ivory Coast.

The Finders investigations revealed that an average size of yellow gallon, popularly called Kufuor Gallon, which costs GH₵55 in Ghana, is sold for GH₵80 in Ivory Coast.

From Nkrankwanta in Ghana to Daame in Ivory Coast is about 9 kilometres. There are three major fuel filling stations in Nkrankwanta where the smugglers buy the commodity.

The Finder discovered that because the two approved routes have police barriers to check illegal activities, the smugglers use the several unapproved routes to Ivory Coast.

The investigations also revealed that these criminals operate under the cover of darkness.

Most natives of Nkrankwanta in Ghana have relatives in Daame, Ivory Coast, so it is very difficult to uncover their illegal business because one may think they are just visiting their relatives there.

More young men in the area are venturing into this illegal business because it is lucrative.

They normally purchase petrol from filling stations in and around Nkrankwanta at night, after which they convey the commodity in gallons on motorbikes to Daame.

The Finder also gathered that the smugglers normally travel in groups. One advantage for these smugglers is that they have ready market at Daame, a big market centre usually busy on Fridays.

A fuel attendant at Nkrankwanta who spoke to The Finder on condition of anonymity revealed that they normally record high sales on Thursdays.
 
 
Source: The Finder
 
 

Comments ( 0 ): Post Your Comments >>

 
 
 
Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority.
 
 
Featured Video