For selling above the regulated pump price, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has shut 14 filling stations in Oron, Akwa Ibom State.
The agency’s team lead, Distribution Systems Storage and Retailing Infrastructure, Mr. Joy Koro, made the disclosure at the weekend while briefing the press in Oron.
Koro said the filling stations would be sanctioned, adding that the marketers should desist from selling petroleum products above the approved pump price.
“We sealed 14 filling stations that were selling PMS between N400 per litre and 450 per litre at Oron, Akwa Ibom. If you see any marketer selling above the regulated price, definitely that filling station will be shut.
“There are enough petroleum products for marketers to lift to their stations. The marketers know the approved pump price; if we carry out surveillance and we see them selling at the regulated price, we will not seal their filling stations,” he said.
