Posted by Odinaka on Thu 20th Aug, 2015 - tori.ng
Acting on a tip off, the Lagos Policemen has arrested a syndicate group of notorious pipeline vandals.
“It was the desire to make more money that led me to this business. I was initially selling building materials in the Ketu area. But some of my customers who came from Ikorodu suggested that I should start buying and reselling fuel siphoned in the creeks.
They told me they were making a lot of money from it, and I begged them to show me the way. They said they would not take me to the inner creeks because I could not swim, but they would show me how I could buy the product, and resell it to people.
I was also introduced to some buyers in the Ijora and neighbouring areas. When I go to the creeks, I buy a litre of fuel for N40. So, I bought a 50-litre jerrycans of fuel for N2,000. But it goes for N4,000 when I take it out.
In May, which was my first outing, I bought 250 of 50-litre jerrycans from an Ijaw woman, identified only as Mama Bose. I loaded them in a truck, and took them inside Lagos to sell. I sold it for N1,000,000. The second time was in June, and I bought 150 jerrycans for N300,000.
My biggest operation was the one during which I was arrested. I bought 300 jerry cans from Mama Bose for N600,000. I was hoping to make a profit of same amount. But the police intercepted the products while on our way out and arrested me.”