• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Thursday, May 15, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

NMDPRA seals fuel stations for breaching approved price

Fuel

The Matters Press by The Matters Press
January 6, 2023
Reading Time: 2 mins read
0
Nigeria plans to increase petrol pump price despite spike in inflation, unemployment

The Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has sealed 22 stations for dispensing fuel above approved pump price in Kano and Osun states.

RELATED POSTS

Nigeria First policy, unique, revolutionary – TMSG

Group seeks action against the menace of fake news, deliberate falsehood

Nigeria’s upgrade of health centres, a major milestone in Renewed Hope Agenda

The NMDPRA Coordinator in Kano state, Mr Aliyu Muhammad-Sama stated this during a monitoring and surveillance exercise on Thursday in Kano that 14 stations had been sealed.

He said the authority shut the stations for dispensing fuel at N295 and N300 per litre above the approved pump price as well as breach of surveillance for confirmation discharge and price regulations.

“We have strict regulation to punish offenders which include revoking their licence of operation, sanction, payment of penalty and invalidation of transaction.

“For now; the sealed fuel stations will be sanctioned to pay N150,000 per pump nozle so long as they are willing to revert to prices that are convinient for the public,” he said.

He, however, said that major marketers were dispensing fuel at N185 per litre, adding that the authority had sealed over 120 fuel stations in the state in December 2022.

“For any station that refuses to discharge or sell above stipulated price we will invalidate their equalisation transaction.

“Invalidation is the authority that pays equalisation payment of N45 per litre for fuel they transport from Lagos or Porthacourt,” he said.

In Osun, eight filling stations were sealed in the state for allegedly selling premium motor spirit (PMS) above the government-approved pump price.

NMDPRA Coordinator in Osun, Mr Kunle Adeyemo, said this after the agency’s routine surveillance to filling stations in Osogbo, the state capital.

Adeyemo said that the surveillance was aimed at sensitising the public that the pump price of petrol, as approved by the Federal Government, had not changed.

He said that the surveillance operation would continue on a daily basis until all marketers within the state reverted to the government-approved price for PMS.

“We are out basically because prices of fuel are getting erratic and we are trying to tell the people that there is a specific price for petroleum and government has not changed it.

“We want to ensure that every filling station in the state adheres strictly to the official price of between N179 and N180 per litre,” he said.

Adeyemo said that the affected filling stations were sealed for selling above the official pump rice.

He said that the agency would continue to work round the clock to ensure that the masses were not in any way cheated by petroleum marketers.

The NMDPRA coordinator appealed to the general public to always report sharp practices by petroleum marketers at the agency’s office in Osogbo for appropriate action.

Tags: Fuel
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

IMPI releases new policy statement in defence of the Nigerian economy
Economy/Technology

Nigeria First policy, unique, revolutionary – TMSG

May 15, 2025
Economy/Technology

Group seeks action against the menace of fake news, deliberate falsehood

May 14, 2025
Eulogising Africa’s efforts in midwifing a Covid-19 vaccine
Economy/Technology

Nigeria’s upgrade of health centres, a major milestone in Renewed Hope Agenda

May 13, 2025
Rescued victims of human from Cote D Ivoire arrive Nigeria
Foreign

Rescued victims of human from Cote D Ivoire arrive Nigeria

May 11, 2025
Northern governors, traditional rulers call for accelerated action against Insecurity
News

Northern governors, traditional rulers call for accelerated action against Insecurity

May 11, 2025
Smile finally visits nurses, now on enhanced salary entry point
Economy/Technology

As enrollment of nurses peaks at 115,000, Nigeria ready to outsource medical personnel to the world – TMV

May 10, 2025
Next Post
Nigeria suspends mining in Zamfara

Limestone granules factory for Ebonyi

Trading in Nigerian stock market dips further N83bn

Stock market capitalisation gains N193bn

Recommended Stories

Swiss Bank expects profit of $50bn

Nigeria to raise $10bn to boost liquidity, Naira stability

February 21, 2024
First vessel berths at Lekki Port ahead of commissioning

AfDB approves $23m for modern floating dock facility

June 21, 2023
Nigeria’s N17.1trn budget to gets presidential accent on Friday

Historic capital vote in Nigeria’s 2025 budget, a reflection of pro-development mindset – TMSG, TMV

February 20, 2025

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Nigeria First policy, unique, revolutionary – TMSG
  • Group seeks action against the menace of fake news, deliberate falsehood
  • Nigeria’s upgrade of health centres, a major milestone in Renewed Hope Agenda

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us