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BY:NewsPeddlers
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| A petrol station in Badagry selling at N180 per litre |
Ayorinde Cardoso, Zonal Operations Controller, NMDPRA, Lagos, said
, the Nigerian Midstream and
Downstream Petroleum Regulatory Authority (NMDPRA) had deployed its officials
to petroleum depots and retail outlets in Lagos to monitor compliance with the
regulated N165 pump price
Mr Cardoso confirmed this to
newsmen in Lagos on
Monday, that the federal government had directed that the players in the
sector should comply with the N165 pump price for petrol as stipulated in the
pricing template.
“Our officials are on surveillance to the depots and retail
outlets to ensure that they comply with the directive.
“We want to make sure that the depots are selling at the approved
ex-depot price to marketers and also ensure that marketers are not selling to
motorists above N165 per litre.
“We are optimistic that normalcy will return to petrol
distribution in Lagos very soon as we have made a lot of progress in terms of
product availability.”
Petrol stations in Ikeja, Ejigbo, Iyana-Ipaja, Oshodi and Badagry areas
of Lagos, were observed on Monday to be selling petrol at between N170 to N180
per litre.
On his part, Chinedu Okoronkwo, President, Independent Petroleum
Marketers Association of Nigeria (IPMAN), said “The queues are beginning to
disappear as more of our members have products now and are selling.
“We have heard complaints that some of them are selling above N165
but you cannot blame them because they bought it at higher prices at the
private depots.
“Once products are available everywhere they won’t have an option
than to sell at N165,” Mr Okoronkwo said.
SOURCE: NAN