DPR shut down three fuel stations in Calabar
The agency says the stations could not account for three trucks supplied to them
The agency says the stations could not account for three trucks supplied to them
Some vital equipment and documents were damaged in the incident.
The agency advises motorists to provide useful information about stations hoarding and dispensing fuel above the approved pump price
The NNPC has lost N85 billion in three months.
About 20 persons were arrested.
“We got a tip-off that they are hoarding and selling at N220 per litre."
DPR forces NNPC mega station to dispense product.
Most filling stations in the state are selling petrol between N160 per litre and N170 per litre
Two other marketers were queried.
There were minimum queues at other independent marketer’s stations selling at N190 a litre.
The official said that the development led to a loss of 3,500 megawatts of electricity generation
The fuel stations sold petrol above approved pump price.
"The fuel scarcity is not experienced only in Akwa Ibom; it is a national problem. "
DPR says it will ensure compliance by retail stations.
Affected stations sold petrol between N110 and N130 per litre.
Some stations were compelled to dispense fuel free to motorists.
The stations were sealed for misconduct.
DPR also has the authorisation to seal of filling stations hoarding fuel products.
Mr. Ewuga accused marketers of product diversion to remote locations where they sold at ridiculous prices to motorists.
Pipelines conveying the product to the state had been severely vandalised.
DPR clamps down on stations for selling above pump prices, diversion of product and hoarding
The appointment is with immediate effect.
The Petroleum Minister has ordered the immediate refund of N248.6bn to the government.
Lawmakers want oil industry monitoring and regulatory agencies to trace the source of oil impacting on the country
Petroleum Products Pricing Regulatory Agency (PPPRA) prunned down number of importers to 42
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