Categories: News

DPR shuts down 10 fillings stations in Benin for over pricing

The Department of Petroleum Resources (DPR), on Friday sealed no fewer than 10 filling stations in Benin for over pricing of Premium Motor Spirit (PMS) popularly called petrol.

Some of the stations sealed include; Foadal along Airport road, Asolyn in Sapele road, Raptor oil along Upper Mission and Saint Taiye Oil and Gas by Lawani Junction in New Benin.

The sealed stations were selling the product between N150 to N160 per litre as against the government regulated price of N145 per liter.

The DPR team, led by the Head, Downstream, Benin Zone, Mr Victor Enelama, also ensured that other petrol stations not sealed immediately reverted to the official pump price of N145 per liter.

He promised continuous monitoring to ensure compliance even beyond the yuletide.

Enelama said the operation became necessary because many persons in the state were now ”taking what is supposed to be abnormal, to be normal so, we have to correct this”.

“The federal government has not increased the pump price of PMS but we discovered that it is being sold above the official pump price in some locations and the DPR through the director requested that we should sanction anyone in such practice.

“This is in total disregard or deviating from the conditions in the license we issued out to them. So we want to ensure that the distribution chain is not altered by any of the stakeholders in the distribution chain.

“We want to ensure that depot price of petroleum products is being maintained because government has not changed the price of petroleum products.

“End depot price of the product still remains at N128 to N133.28 per liter, so there is the margin on that and the pump price should not be more than N145 per liter,’’ he said.

On the allegation by some marketers that they are purchasing the products at higher rate and some of the  products are not readily available at the depots, Enelama explained that the Federal Government, through the DPR, still distributes petroleum products, and there is enough to go round.

“There are several private depots that warehouse the product on behalf of the NNPC in the zone and DPR is already collaborating with various security agencies to ensure that defaulters who alter the chain of distribution and adjust their prices are arrested and made to face the law

DPR shuts down 10 fillings stations in Benin for over pricing was last modified: December 8th, 2017 by Comrade Sullivan Edet
Comrade Sullivan Edet

Published by
Comrade Sullivan Edet
Tags: benindpr

Recent Posts

Ajimobi’s wife urges well-to-do to support less-privileged

The wife of the Oyo State Gov., Mrs Florence Ajimobi, on Saturday appealed to the well-to-do in the society to do…

3 hours ago

N30,000 minimum wage: Fayemi canvasses upward review of federal allocation to states

Ekiti State Governor, Dr Kayode Fayemi, on Saturday said that the Federal Government needed to address the current revenue allocation…

3 hours ago

Top APC Chieftain assassinated, dumped in Forest (PHOTO)

The secretary of the All Progressives Congress (APC) in Ikwerre Local Government Area of Rivers State, Hon. Samuel Wanjoku has…

4 hours ago

Atiku releases official 2019 Campaign Photographs

Presidential Candidate of the Peoples Democratic party, Atiku Abubakar has released official portraits for the 2019 general elections as campaigns…

5 hours ago

Buhari laying foundation for economic growth — Fashola

The Minister of Power, Works and Housing, Mr Babatunde Fashola, said on Saturday that President Muhammadu Buhari was laying the…

6 hours ago

Army renovates primary school, offers medical support to 3,000 in Kaduna

The 1 Division Nigerian Army, Kaduna, on Saturday inaugurated a renovated primary school, offered free medical treatment to 3,000 people…

6 hours ago