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Showing posts with label petroleum products. Show all posts
Showing posts with label petroleum products. Show all posts

Friday, November 20, 2015

Free petrol! NNPC orders DPR to invade fuel-hoarding stations

 


The Group Managing Director of the Nigeria National Petroleum Corporation, Dr. Ibe Kachikwu, has ordered the Department of Petroluem Resources to seal petrol-hoarding filling stations.

Kachikwu, who’s also the Minister of State for Petroleum Resources, instructed the DPR to sell to customers for free, the products of the petrol stations found guilty of hoarding.

A memo released on Tuesday, November 17, by the NNPC Group General Manager, Ohi Alegbe, quoted the Minister, as saying: “There is no price reduction of petrol in the horizon and marketers should immediately stop hoarding the products and making Nigerians suffer in vain.”

“I have instructed DPR that if they discover any fuel station involved in hoarding, they should sell the products for free to customers around there. It is not just sealing the station that is the answer. It is penalizing them when they do these things and I hope the message goes out loud and clear.”

Monday, May 25, 2015

Finally, Oil Marketers Resolve Differences, Begin Lifting of Petroleum Products.



Finally the Nigerian oil marketers have decided to resolve their differences with Federal Government, and have agreed to make petroleum products available in the country in the next six hours.

The NURTW has also joined in the agreement to begin to distribute petroleum products across the country.

They all came to an agreement after meeting with the Senate committee on Petroleum Upstream and Downstream to find solution to the fuel scarcity crisis.