Despite
warnings by the Department of Petroleum Resources, DPR, to marketers to desist
from arbitrary pump price increase of fuel, a Nigerian National Petroleum
Corporation, NNPC, outlet at Amuwo, Festac area of Lagos State is selling
petrol at N100 per litre.
The NNPC outlet joined others, including Conoil, Oregun
Road; Total, Amukoko Alaba; Mobil, Festac; Capital Oil, Ago, Olufemi Arowolo,
Iyana-Iba and a host of others, which have stock of the scarce commodity, also
sold above regulated price of N87 per litre.
These outlets are selling petrol at between N100 and N120
per litre, depending on the outlet and location.
The petroleum industry regulator, DPR, at an emergency
stakeholders’ meeting in Lagos on Wednesday, warned depot operators and
marketers against arbitrary increase in the ex-depot and pump prices of petrol,
by taking advantage of the current scarcity situation.
DPR had cautioned operators still engaged in the practice of
selling petrol and kerosene above government stipulated prices as well as
“those who engage in the acts of hoarding of these products to desist from it
in the interest of the public, the economy and your petroleum business.”
Acting Director, DPR, Mr. Danteni Ladan, who issued the
warning, said that the regulator will no longer tolerate a situation where the
supply of petrol was dictated by dealers and marketers’ private interests to
the detriment of the Nigerians.
He said DPR will sanction such operators, including the
withdrawal of licence of any found selling above the recommended price
prescribed by the Federal Government.
No comments:
Post a Comment