The Department of Petroleum Regulation has issued an ultimatum to Independent Marketers in Aba to comply with the government’s directives of selling petrol at 86 Naira 50 Kobo or face the consequences.
While on monitoring to some petrol stations in Umuahia, Abia State capital on Wednesday, the Operation Controller in Aba, Mr Paschal Ezemmadu, hinted that the inability of the marketers to provide the officials with evidence of payment, which would enable them to trace inconsistency in the price at point of purchase, would no longer be condoled.
He was on the monitoring exercise with a team of the Department of State Security (DSS) and Pipeline and Product Marketing Company (PPMC).
According to Mr Ezemmadu, their job is to regulate prices and ensure compliance. He warned that any marketer that defaults, would be sanctioned and their pump price adjusted.
The DPR has provided the necessary avenue that includes filling coupons that would enable them trace those selling the PMS at the private depot above government price.
Meanwhile, some petrol stations had been sealed for selling above government approved pump price.
A joint task force team comprising of officials of the Department of Petroleum Resources (DPR), Pipeline and Product Marketing Company (PPMC) and Department of State Services (DSS) have met to find lasting solutions to fuel scarcity in Abia State.
The Petroleum Ministerial Joint Task Force from the Department of Petroleum Resources (DPR), PPMC and DSS on Monday embarked on an inspection which was aimed at ensuring total compliance with sale of the PMS at the government approved price of 87 Naira per litre and to guarantee a steady and regular availability of products to consumers during the festive period.
It was a routine monitoring of filling stations as directed by the Petroleum Minister to checkmate the scenario of vehicular queues for PMS across the state.
The task force adjusted the pumps of some of the petrol stations who were caught selling the product above the government approved price.
They also warned that the challenges of fuel scarcity might not be over if the product continues to be unavailable at the Nigerian National Petroleum Commission (NNPC) designated depots but is being sourced from private depots by the independent marketers.