Business Petrol: FG Directs Filling Stations to Sell at N87/Litre, Threatens Heavy Sanctions

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LequteMan

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Nigeria- The Department of Petroleum Resources (DPR) on Monday urged all filling stations to adjust their pump price per litre of fuel to N87 from N97 as directed by the Federal Government to avoid sanctions.

Mrs Chioma Njoku, DPR Head of Operations, Lagos Zone, told the News Agency of Nigeria (NAN) that the department had begun the monitoring of filling stations to enforce adherence to the directive.

She said ``DPR will ensure that the new price regime stated by the government is complied with and any filling station found wanting will be sanctioned.

``We have commenced full operational check at most filing stations in Lagos to ensure that they adjust to N87 per litre.”

Meanwhile, a check by NAN at filling stations within Lagos metropolis as at 3p.m. on Monday showed that most of the operators had yet to comply with the directive.

Except for the NNPC Mega Station in Falomo, Ikoyi, all other stations visited sold petrol at N 97 per litre.

The managers of the filling stations told NAN that they had old stocks and that it was difficult to adjust to N87 from N97.

Others agreed to adjust but said they could not do so because their engineers had yet to arrive from their head offices to effect the change.

Mrs Christy Okonebo, Station Manager, Total Filling Station, Costain, said that the station received 66,000 litres of petrol two days ago at N97 per litre.

“The reduction in price was announced yesterday (Jan. 18) night; we have paid for this product since four days ago.

“If we adjust the price to N87 from N97, who will pay for the difference?” she asked.

She said that the station would adjust when its engineers from the head office got to the station.

Okonebo said that if the management changed the pump price, it meant the station would lose N660, 000.

Mr Samson Ademola, a Supervisor at Conoil Filling Station in Ojuelegba, said that the station was still selling at N97 per litre, pending when it received new stock.

Alhaji Sanni Garba, Dealer, NNPC Filling Station, Oregun, lauded President Goodluck Jonathan for the new price, saying he meant well for the people.

In Ikorodu, many of the filling stations visited were selling at the old pump price of N97 per litre, while a few others promised to adjust their pump later.

Mr Felix Idowu, a motorist, who bought fuel at Conoil, Onipan, said he was not happy buying at N97 per litre but that there was nothing he could do to change the situation.

Mrs Augustine Jubril, a taxi driver at the Total Filling Station, Shomolu, expressed happiness with the review of the pump price.


#Nigeria #Petrol #NNPC

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