Energy
DPR cautions marketers against unauthorised increase in pump price of petrol
The Department of Petroleum Resources (DPR), Bauchi Office, has cautioned petroleum marketers in the state against unauthorised increase in the pump price of Premium Motor Spirit (PMS) or petrol.
Malam Abdullahi Iliyasu, the Operations Controller in the office, said this in an interview with the News Agency of Nigeria (NAN) in Bauchi on Tuesday.
Iliyasu maintained that N162 remains the official pump price per litre of the commodity.
He said the Federal Government has not increase the price of the commodity and warned that any marketer found short changing consumers would be sanctioned appropriately.
The controller said that the department would intensify surveillance across the 20 Local Government Areas of the state to ensure compliance with the existing price regime.
He said that toward this, the office would work closely with relevant stakeholders for effective monitoring of depots and retail outlets for strict compliance with extant rules of the department.
Iliyasu, however, commended the state chapter of the Independent Petroleum Marketers Association (IPMAN) for its cooperation with the department.
-
Business6 days agoThe Pros and Cons of Nigeria’s $10bn Surge in Capital Importation
-
Featured2 days agoTwo arrested after England team equipment stolen ahead of World Cup opener
-
Business4 days agoGround handlers suspend services to Max Air over unpaid debts
-
Latest6 days agoKwankwasiyya dismisses reports of Kwankwaso’s exit from NDC
-
Featured6 days agoNigeria must move beyond zoning, choose leaders based on competence ahead of 2027 – Baba-Ahmed
-
Football1 week agoChristian Eriksen stable after collapsing during Denmark–Ukraine friendly
-
Latest5 days agoReps bar first-term lawmakers, block Ugochinyere’s bid for minority leader
-
Aviation4 days agoNSIB recovers black boxes as probe deepens into private jet’s highway landing in Delta