Cameroon: 20 percent of fuel illegal
- Posted on Tuesday 28 October 2008 - 19:32Dominique Bela, VoicesofAfrica mobile reporter in Douala, CameroonOne-fifth of fuel in Cameroon enters the country through illegal channels, causing a loss of 13 billion Francs CFA for the national treasury and investors.Loading video...These are the results of an investigation concluded on Monday by the association of Cameroonian businessmen, known as Groupement interpatronal du Camerounâ. The report indicates that 6 million litres of fuel comes in the country illegally each week, especially in the provinces of North and the Far North.
The state’s loses are estimated at 5 billion Francs CFA. The reports also points out the growing market for illegal spare parts and estimates that 70 percent of products on that market are illegal.
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