Operatives of the Seme Command of the Nigeria Customs Service have intercepted three truckloads of petrol along the creeks of Badagry.
At the time of the recovery, the products were about to be smuggled through the waterways.
The authorities in charge of Seme Command put the value of the seized product at N29 million.
No arrest was made, but efforts are on to apprehend the fleeing smugglers, it said.
The Controller in charge of Seme-Krake Command, Bello Jibo, who confirmed the recovery, said it was a result of continuous surveillance and offensive patrol by the officers and men of the command along the creeks and beaches.
Jibo said the recoveries were done in the late hours of Monday, August 15, 2022, after the command received intelligence that there were large quantities of petroleum products (PMS) stockpiled near a beach along Badagry waterways to be smuggled.
“Our men stormed the location and the product was successfully evacuated to the command premises in Seme Border. The findings revealed that 3,998 jerrycans of PMS with 30 litres each, equivalent to 119,940 litres of PMS, or about four tanker loads of 33,200 litres each, were discovered.
“The seized petroleum product has a Duty Paid Value DPV of N28,924,397 only,” he added.