Business
DPR warns petroleum marketers against sharp practices
The Department of Petroleum Resources (DPR) has said it would henceforth not allow a situation whereby supply of petrol was dictated by private interests of marketers and dealers to the detriment of the Nigerian public.
Mr Danteni Ladan, the Acting Director of the department said this during an emergency meeting with stakeholders in the industry in Lagos.
He was represented by Mr Alphonsus Mudei, the Deputy Director of Downstream Sector of the department.
Ladan said that the nation, in the last few months, had experienced epileptic supply of Premium Motor Spirit (petrol) which had reflected in the sale of the product above official pump price.
He said that there was evidence to buttress this and the trend was unacceptable.
“In the last few months, the nation has experienced epileptic supply of PMS which has reflected in the sale of this product above official pump price.