Business

Petrol: 22 Fuel Stations Sealed In Osun, Kano For Selling Above Approved Price

VOICE AIR MEDIA

THE Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has sealed 14 stations in Kano and another eight in Osun State for selling fuel above the approved pump price.

The NMDPRA Coordinator in Kano State, Mr Aliyu Muhammad-Sama, during a monitoring and surveillance exercise on Thursday in Kano, said the authority shut the stations for dispensing fuel at N295 and N300 per litre and breaching surveillance for confirmation discharge and price regulations.

“We have strict regulations to punish offenders which include revoking their licence of operation, sanction, payment of penalty and invalidation of transaction.

“For now; the sealed fuel stations will be sanctioned to pay N150,000 per pump nozzle so long as they are willing to revert to prices that are convenient for the public,” he said.

He, however, said that major marketers were dispensing fuel at N185 per litre, adding that the authority had sealed over 120 fuel stations in the state in December 2022.

His Osun counterpart, Mr Kunle Adeyemo, said that the surveillance was aimed at sensitising the public that the pump price of petrol, as approved by the federal government, had not changed.

He said that the surveillance operation would continue on a daily basis until all marketers within the state reverted to the government-approved price for PMS.

“We are out basically because prices of fuel are getting erratic and we are trying to tell the people that there is a specific price for petroleum and that the government has not changed it.

“We want to ensure that every filling station in the state adheres strictly to the official price of between N179 and N180 per litre,” he said.

VAM News

Recent Posts

Gov. Adeleke embarks on holiday in UK

News Update Governor Ademola Adeleke today left the country for vacation in Europe even as…

14 minutes ago

Ekiti Governor’s Aide Engr. Atere Philip Ekundayo Marks 60th Birthday in Grand Style

•He is a community builder, says APC Rep Candidate, Toyin Okoro THE Technical Advisor on…

3 hours ago

City Boy Movement Nat’l Students Director, Asefon Inaugurates CBM Campus Ambassadors Across Kaduna Tertiary Institutions

THE National Director of the Students Wing of the City Boy Movement, Comr. Sunday Asefon…

3 hours ago

British-Nigerian Influencer Dies After Penis Enlargement Surgery

New information regarding the death of British-Nigerian businessman and influencer Igho “Tiny” Ubiribo, also known…

16 hours ago

FRSC Attributes Fatal Osun Crash to Speeding, Dangerous Driving

The Federal Road Safety Corps, FRSC, Osun State Sector Command, has blamed excessive speeding and…

1 day ago

Hanga, Gaya, Doguwa Lead 136,038 Defectors into APC in Kano

Former Senators Rufai Sani Hanga and Kabiru Ibrahim Gaya, along with Senator Masud El-Jibrin Doguwa,…

1 day ago