Energy
DPR seals 70 stations for sharp practices
The Operations Controller, Department of Petroleum Resources (DPR), Warri zone, Mr Antai Asuquo said it sealed 70 filling stations for alleged sharp practices in parts of Delta in past six weeks.
Asuquo disclosed this in an interview in Warri.
Asuquo said that the stations were sanctioned for hoarding, under-dispensing, over-pricing, abandonment and diversion of products.
He said that the stations were sealed in Warri, Ughelli, Sapele, Ozoro, Olleh, Kwale, Agbor, Obiaruku and Asaba.
According to him, the 70 stations are part of over 446 filling stations visited by the department’s surveillance team.
He said that petrol was given to motorists in two of the 70 filling stations at no cost because the stations were hoarding products.
“The exercise is a continuous one until the petroleum marketers complied with government’s approved pump price of N145 per litre.
“It is not our intension to seal a petrol station that has products but the products should be sold to the public at the regulated pump price.
“The premium motor spirit remains a regulated product and the price is N145 per litre.
“The marketers have their complaints but the Petroleum Product Marketing Company (PPMC) imports and sells product to the depot owners at the regulated price of N133.28k per litre.
“So if marketers know that they cannot sell at the approved price of N145 to customers, they should not buy.”
Asuquo urged marketers, who indulged in sharp practices to desist from it because the regulatory agency would continue to go after them until full compliance was attained.
The controller also warned depot owners against selling products above the ex-depot price as well as selling to third parties.
He appealed to the public to assist the DPR with useful information on any station selling above the regulated price.
It was gathered that most filling stations in Warri are selling fuel at between N180 and N200 per litre.
-
Featured5 days agoBREAKING NEWS: Shouts of joy rock the world as Pastor Chris opens final Healing Streams edition for 2026
-
Football6 days agoMan United shortlist Emery, Nagelsmann as potential replacements for Carrick
-
Business6 days agoHoodlums raid JED Benue office, abduct 10 staff over power dispute
-
Football6 days agoAston Villa ready to freeze out Garnacho to avoid £43m Chelsea transfer
-
Latest6 days agoAkpabio tasks Tompolo-backed movement with spreading Tinubu’s renewed hope message
-
Business6 days agoEV adoption: Roxettes seeks cheaper financing, local manufacturing incentives
-
Business5 days agoHow Ethiopian Airlines is challenging Africa’s aviation narrative through self-reliance
-
Latest6 days ago2027: Adeyanju predicts Tinubu will defeat Atiku, win 25% votes in every state


