Regulator shuts seven Adamawa fuel stations over sharp practices

Regulator shuts seven Adamawa fuel stations over sharp practices
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The Nigerian Midstream and Downstream Petroleum Regulatory Authority has shut seven fuel stations and queried proprietors of three others in Adamawa over sharp practices.

The Operations Controller, Mr Sadiq Ibrahim, made the disclosure in Yola on Tuesday.

He said the NMDPRA shut the stations within two weeks of surveillance to address the problem of artificial scarcity of petroleum products in the Adamawa capital.

“In the last two weeks we regrettably shut seven fuel stations. We do not close business facilities unless we are compelled to do so.

“Three of them were able to pay penalties to government and we unsealed them. Four are still sealed.

“We queried proprietors of three other fuel stations; the latest being on Tuesday,’’ he said.

Ibrahim explained that the seven petrol stations shut were selling petroleum products above approved pump price, while the queried stations allegedly diverted petroleum products to other stations without approval.

He said one of the proprietors that was queried gave satisfactory responses and was guided on how to avoid a repeat of the offence.

Ibrahim called on people in Adamawa not to resort to be panic buying of petroleum products as there was enough in stock.

He also appealed to petroleum products marketers to play the game by the rules.

NAN

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