Business
DPR To Sanction Erring IPMAN Members In A’ Ibom, C’River
The Department of
Petroleum Resources (DPR) has threatened to sanction erring Independent Petroleum Marketes Association of Nigeria (IPMAN) members who refuse to comply with the new approved pump price of N86.50 per litre of petrol.
Speaking to newsmen in Eket on Friday after a stakeholders’ meeting between DPR and IPMAN Officials, the DPR Controller in charge of Akwa Ibom and Cross River State Mr Bassey Nkanga, said the Federal government directive must be complied with by IPMAN members to avoid sanction and economic sabotage punitive measures.
He said that Akwa Ibam has the highest number of filling stations in the country with serious cases of hoarding and diversion of products among other illegalities stressing that the era of impunity was over.
The DPR controller explained that only 50 per cent of filling stations operating in Akwa Ibom State have valid DPR Licence for them to operate, stressing that most of these filling stations are dispensing fuel far above the regulated price as approved by the regulatory agency.
He said that government will no conger tolerate a situation where marketers will sell fuel above the approved pump price at the expense of Nigerians.