Oil & Energy
Ministry Threatens To Seal Petrol Stations For Selling Above Pump Price
Weight and Measures
Department of the Federal Ministry of Industry, Trade and investment, says the department is ready to seal any filling station that refused to sell petrol at N87 per litre.
Assistant Director, Oil and Gas, in the ministry, Mr Rufai Mohammed said this in an interview with newsmen in Abuja last Thursday.
According to him, most of the stations at the outskirts of the city centre have likely reverted to the N97 per litre when the surveillance team left their stations.
There are complaints from customers on filling stations at the outskirts of the city centre which sell petrol at N97 instead of N87 per litre as recently directed by the Federal Government due to fall in global oil price.
“At the last visit of the department to many filling stations in the FCT, 84 per cent fully complied; 33 per cent were selling with errors that can be over looked.
“Fifteen per cent were not selling, though they have the product underground; the filling stations were sealed. Five per cent were selling without Certificate of Verification while two per cent were not having the product,’’ he said.
He said any filling station sealed after unsealing the certificate of verification became null and void, adding that the company must obtain another certificate which meant paying for another certificate.
Mohammed said the department had offices in 30 states and there were some states like Ondo State overseeing the activities of Ekiti State while Rivers was overseeing the affairs of Bayelsa office.
He said every month the headquarters received reports from each of the states on their activities.
He noted that every three month, teams were sent out to the states to make sure that the state offices were working according to set guidelines and rules.
It would be recalled that the department had on Jan. 20 in Abuja sealed 14 pumps at six petrol filling stations for allegedly under dispensing petrol to motorists.
Oil & Energy
Renewable Energy Investment Forum Begins Nov. 25
Nigeria’s growing solar market will take centre stage as the Renewable Energy Forum Africa (REFA) 2026 holds in Lagos on November 25-26 with the backing of the Rural Electrification Agency (REA).
Organised by the Africa Solar Industry Association (AFSIA) and supported by SolarPower Europe, the forum would bring together investors, developers, regulators, utilities and policymakers at the Radisson Blu Anchorage Hotel, Victoria Island.
The agency said the forum would strengthen partnerships, attract investment and support Nigeria’s clean energy and local manufacturing ambitions.
REA Managing Director, Abba Abubakar Aliyu, is billed to deliver the keynote address at the opening plenary.
The country also leads the continent in mini-grid capacity with 132MWp, while its commercial and industrial (C&I) solar capacity stands at 385MWp.
The market is receiving fresh support through the $750m World Bank-backed Distributed Access through Renewable Energy Scale-up (DARES) programme, targeting 1,350 mini-grids and electricity access for 17.5 million Nigerians.
Oil & Energy
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