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Fuel crises: Sahara Energy, Obat, four others are cheats-DPR
Sahara Energy: Along the others cheating Nigerians and profiting from their suffering

Fuel crises: Sahara Energy, Obat, four others are cheats-DPR

The Department of Petroleum Resources (DPR) has sealed facilities of six major depot owners in Apapa Lagos, for selling petrol above the N77.66 per litre ex-depot price to filling stations. The depots that were closed by the agency are Sahara Energy, Integrated Oil, Ascon, Obat, Swift Oil and AA Rano.

Branding them cheats, the DPR noted that it was clear that after selling to filling stations at the ex-depot price, they will still turn around and claim fuel subsidy.

The agency also threatened to withdraw their licences for violating the pricing template and guidelines of the Petroleum Products Pricing Regulating Agency (PPPRA). The shutdown of loading activities at the depots  over the weekend was due to their flagrant disregard to the government’s directive that the ex-depot price of petrol should not be above N77.66 per litre.

DPR decided to take this step because efforts by the government to ensure that the fuel is sold at N87 per litre to Nigerians at the filling stations could not yield the desired results as depots were sabotaging these efforts by selling the products to filling stations above the ex-depot price of N77. 66 per litre, after which they will still claim subsidy payment.

The DPR has also sealed another 12 filling stations in Abuja, bringing to 34 the number of filling stations sealed recently for profiteering and selling above government approved price. Twenty-two stations were recently sealed for selling petrol above the fixed price.

According to a statement by the DPR Zonal Operations Controller, Abuja, Mr. Mohammed Usman, the filling stations were also sealed for sharp practices.

He stated that the surveillance was carried out by four teams covering Abuja and its environs. A total of 46 filling stations were visited and the exercise indicated availability of petrol in the stations visited with some queues observe.

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