Saturday, January 02, 2016

#FuelPumpPrice: PPPRA to sanction defaulting filling stations



The PPPRA has vowed to sanction any filling station found flouting government’s directive.

The Assistant General Manager/Head of Operations, PPPRA, Mr. Victor Shidok, threatened that the agency would withdraw licences of defaulters...


Shidok, who led a team from the PPPRA to monitor the level of compliance with the directive in Abuja, warned that the government would not tolerate any deviation from the new directive.

He said the monitoring, which was simultaneously going on across the country, was done in conjunction with the DPR to ensure that Nigerians were not shortchanged.

Shidok stated that there was 100 per cent compliance as at press time in the city centre, but noted the team had yet to reach the outskirts where he feared that there might be challenges with regard to total compliance.

He said, “The challenge may likely be in the outskirts. All those we have visited say they have received directive from their head offices. We are in touch with the leadership of oil marketers in the country. This is a nationwide exercise.”

The Petroleum Product Pricing Regulatory Agency on Tuesday announced that retail filling stations belonging to the Nigerian National Petroleum Corporation would from Friday, January 1, 2016, sell petrol at N86 per litre, while other oil marketers would sell the product at N86.5 per litre.

The PPPRA Executive Secretary, Mr. Farouk Ahmed, had stated that the reduction in the price of the commodity was due to an implementation of the revised components of the petroleum products pricing template for PMS and House Hold Kerosene.

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