DPR Seals 3 Filling Stations in Lagos

Hamilton Nwosa
Writer

Ad

Global CEOs, Top Diplomats, Ministers, Governors, Industry leaders gather in New York to unlock the Gulf of Guinea’s over $800 billion Energy, Oil & Gas, Minerals, Maritime Opportunities

By Abiola Olawale Following the official opening of the 80th Session of the United Nations General Assembly (UNGA80), New York, USA, high-level delegations from over a dozen countries, including global CEOs, top diplomats, ministers, governors, industry leaders will gather in New York to unlock the Gulf of Guinea’s over $800 billion Energy, Oil & Gas,…

Charted: Populations of China, India, U.S., and Europe (1950–2100)

Key Takeaways India is projected to remain the world’s most populous country through 2100, stabilizing around 1.5 billion people. China’s population is expected to fall by more than half, from 1.4 billion to 0.6 billion. Europe’s population will decline steadily, while the U.S. population grows gradually to 420 million. As global demographics continue to shift,…

Elon Musk drops to second place as AI boom powers Oracle’s Larry Ellison to world’s richest status

By Obinna Uballa Elon Musk has lost his long-held crown as the world’s richest person to Oracle co-founder Larry Ellison, following a record-breaking surge in Ellison’s net worth. According to Bloomberg’s Billionaire Index, Ellison’s fortune jumped by an unprecedented $101 billion on Tuesday night to reach $393 billion, surpassing Musk’s $385 billion. The windfall came…

Ad

After sanctioning filling stations in Zamfara, Abuja and Kaduna, the Department of Petroleum Resources (DPR) on Wednesday sealed three filling stations in Ibeju-Lekki and Epe in Lagos State for allegedly hoarding and selling fuel above the approved pump price.

Mr Igheghe Abel, Chief Mechanical Engineer of the Department, who led the team, told the News Agency of Nigeria (NAN) that two filling stations were sealed in Epe and one in Ibeju-Lekki.

Abel said the stations were sealed for hoarding and selling petrol at N170 per litre which is above the official pump price.

He accused TAS Nigeria Ltd in Epe of hoarding over 12,000 litres of petrol as at the time the DPR team visited the station, claiming its generator was faulty.

“But we got information from motorists that they were selling at N170 per litre. When they got the wind that DPR was around, they stopped selling.

“We have summoned them to our office in Lagos to come and tell the management why they are hoarding and selling above the official price.

“The T.Tab Global Merchant in Epe pretended that it did not have the stock because nobody was around to answer us, but the motorists confirmed that it stopped selling because of our presence.

“We have sealed the station as well, the dealer has been invited to our office,” he said.

Meanwhile, the petrol attendants at the two stations told NAN that their generating sets were faulty.

Abel said the attendants in NIPCO filling station at Kilometre 32, Ibeju-Lekki were selling petrol at N170 per litre when the team got to the station and it was sealed.

The dealer of the station who identified himself as a monarch of a community said he bought the product from a third party depot at N165 per litre.

“I don’t think what I am doing is bad, my people need the product, sealing the station cannot help us,” he said.

NAN reports that some filling stations along Ibeju-Lekki Epe Road were without products.

At PSG filling station along Epe Road, Austin Ibe, the operation manager, said the station had been out of stock since Nov.14.

“We cannot afford to buy at the depots because they are not selling at ex-depot price of N133.28 per litre.

“If we now decide to buy and sell above the pump price, DPR will seal the station.

“This is the second month that we have been sleeping here. Government should help us so that the product can circulate,” he said.

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp