NMDPRA threatens to withdraw licenses of markers

NMDPRA threatens to withdraw licenses of markers …C0NTINUE READING HERE >>>

The Federal Government has threatened to withdraw licences of oil marketers found guilty of hoarding Premium Motor Spirit otherwise known as petrol, following the unabated scarcity in Abuja, Niger, Nasarawa, Kaduna, and many other states.

Some states, especially those in the North have witnessed continuous petrol scarcity for a while now, a situation that has since degenerated into many stations closing up shop due to a lack of supply.

However, the Federal Government through its Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has issued a warning to oil marketers that filling stations that hoard petrol and sell to black marketers in jerrycans would have their licences withdrawn.

The warning was handed down by the Executive Director of Distribution Systems, Storage and Retailing Infrastructure, NMDPRA, Ogbugo Ukoha, in a video clip shared by the regulator during an inspection tour in Abuja.

Ukoha was heard telling one of the managers of the inspected stations that “You need to take this (warning) very seriously. If you need security reinforcements, speak to your management.”

He said retail petrol stations should stop encouraging the sale of products to black marketers who dispense the products in jerrycans.

Ukoha said such actions posed serious safety concerns and should be discontinued.

Also on its X handle, the downstream regulator said it had declared war against the illegal sale of petroleum products.

“NMDPRA embarks on a war against the illegal sale of petroleum products, especially PMS in jerrycans. Filling stations are advised to desist from servicing illegal peddlers; failure to do so would result in the suspension of retail licences,” the agency stated.

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