Oil & Energy
DPR Promises To Regulate Fuel Prices
The Department of Petroleum Resources (DPR), Port Harcourt Zonal office has urged all filling station operators to sell petrol (premium motor spirit) at the government regulated price of N145 per litre or quit the business.
The Head, Down Stream of DPR in Port Harcourt, Emmanuel Ewocha, gave the charge during a surveillance exercise in Oyigbo and Tai Local Government Areas of Rivers State.
He said that the DPR would not hesitate to sanction any filling station that sells above the regulated pump price, noting that such practices amounted to illegality.
“PMS is a regulated product and any contravention to government regulation is an illegality.
“The Federal Government has not increased the pump price of PMS and the filling station owners must abide by the regulated price, they can’t sell because they want to remain in business, we in DPR cannot close our eyes to see these irregularities being carried out”, he warned.
Ewocha said that the activities of those who insist on cutting corners was responsible for the seeming persistence of fuel scarcity in the society.
It could be recalled that, some motorists in Rivers State had last week protested what they considered as persistent fuel scarcity in the state.
Taneh Beemene
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