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DPR clampdowns on stations hoarding products

20 February 2014, 18:06

Lagos - Lagos - The Department of Petroleum Resources (DPR) has clamped down on some filling stations for hoarding petrol.

 Aside from those hoarding, the department also uncovered some filling stations that were under-dispensing.

The DPR said that the routine inspection of petroleum retail outlets was to ensure availability of fuel sequel to reports of scarcity of the product.

It also said that the inspection was to ensure compliance with the best practices in the industry.

During the exercise, Feroselina Oil in Okota Isolo, a suburb of Lagos, was caught by DPR officials hoarding about 8 500 litres of fuel.

The DPR described the station’s action as economic crime by creating artificial scarcity and hardship for Nigerians.

The DPR officials immediately ordered the resumption of sales to the public.

Other stations involved are Conoil and Capital Oil stations in the Okota that were caught hoarding about 19 500 litres and 13 000 litres of fuel, respectively.

The Conoil station manager said the station had no intention to hoard, but was compelled to stopped selling following a fault in the electricity generating set.

 While Conoil was ordered to resume sale to the public, Capital Oil was shut indefinitely for failure to cooperate with DPR officials.

Rainoil station, also located in Okota, was caught under dispensing.

Adekunle Soyebo, the Zonal Head of DPR in Lagos, said the objective of the exercise was to check hoarding.

“A lot of filling stations are hoarding fuel and we have enough product that can go round,” he said.


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