DPR Seals 2 Fuel Stations In Bayelsa Due To Petrol Pump Price

The Department of Petroleum Resources (DPR), Bayelsa, on Wednesday, has shut down two fuel stations for dispensing petrol above the new pump price of N125 per liter.

Speaking with newsmen after the surveillance exercise, the Operations Controller of DPR, Mr. George Ene-Ita, said the two fuel stations were shut for selling at the old price of N145 and for under dispensing respectively.

Ene-Ita said; “We are working hard amidst the current challenges of this time of national emergency, which cuts across international boundaries, to ensure that petrol was available at approved pump prices.

“Our aim is to enforce the price reduction from N145 to N125 per liter, and from our findings, the rate of compliance is quite high in Bayelsa. Our attention is also on checking under-dispensing.

“We sanctioned some stations, where some of their pumps under-dispensed by sealing the erring pumps and allowing the accurate pumps to dispense rather than the outright shutdown, to ensure product availability at this crucial time.

“In playing our regulatory roles, we shall not hesitate to wield the big stick by imposing appropriate sanctions on any erring pump, which is a fine of N100,000 per pump,” Ene-Ita said.

On March 18, Allnews report that the federal government has ordered the reduction of the pump price of petrol from N145 to N125 per liter, as a result of the current fall in oil price.

On Tuesday, the federal government further reduced the price of oil to N123.50 per liter.