Dpr To Freely Dispense Fuel If It Nabs Station Selling Above Pump Price

SAN FRANCISCO, January 02, (THEWILL) – The Department of Petroleum Resources, DPR, has warned that it will dispense petrol free of charge to consumers if it gets hold of any fuel station selling the product above the official pump price of N86.50 per litre.

The agency's assistant director of public affairs, Dorothy Bassey, while speaking in Lagos on Friday, said, “We have put effective monitoring teams in place that will go out to monitor the level of compliance with the new pump price.”

She assured that “We are going to commence on rigorous monitoring when we resume on Monday. People just refused to change to what will be beneficial to all, but we were assured that it will not be the same story next week.”

On his part, the National President of the Independent Petroleum Marketers Association of Nigeria, IPMAN, Chinedu Okoronkwo explained that marketers were selling their old stock, stressing that market forces would compel everybody to comply.

His words, “People should see the policy as a policy that will unlock the sector.

“I'm sure they will change to the new price once they finish selling the old stock and work with the new regime of Muhammadu Buhari and begin to move the sector forward.”

Marketers have partially complied with the federal government's announcement of new pump price as petrol had been selling at NNPC retail stations at N86 per litre, while most major marketers were selling at N86.50.