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DPR warns marketers against fuel price hike, hoarding



The Department of Petroleum Resources (DPR) has warned filing stations against hoarding of petrol and selling above official price in Osun.

DPR’s Operations Controller in Osogbo, Mr Ademola Makinde, gave the warning during a visit by the management team of the department to the palace of Oba Akinola Akinrera, in Ifetedo, Osun.

Makinde, who noted that the warning became necessary as the year was coming to an end, said sanctions await filing stations found compromising the dispensing process.

The Operations Controller said that any filing station discovered hoarding petroleum would also be penalised in line with the laws and operational guidelines.

Makinde said the department had constituted effective monitoring teams to ensure that filing stations sell at the official price and do not adjust nor hoard the product.

He said DPR would continue to engage and educate Independent marketers on the need to conform to the laws and operational guidelines.

“You know the year is winding up gradually and many of our Independent Marketers are in the habit of hoarding fuel to create artificial scarcity, while some sell above the regulated price.

“But this time around, any filing station caught in that act will not be spared and that is why we are appealing to them not to engage in such act because our surveillance team will be up and doing,” Makinde said.

The controller said the DPR management decided to visit the monarch because the support of traditional rulers in the fight against fuel hoarding and price hike at filling stations across the state could not be over-emphasised.

According to him, since traditional rulers have positive influence on their subjects, including those in the oil and gas business, their support in educating them on the need to be upright is, therefore, very important.

In his remarks, Oba Akinrera commended the management team of the department for the visit.

The monarch said he would continue to support DPR in achieving its goals and mandate being a former employee of NNPC.

Oba Akinrera, however, called for more developmental projects by the government at the grassroots.

He also urged the youths to brace up to take charge of leadership position in the country.(NAN)


Edited by Dorcas Jonah/Bayo Sekoni


Victor Adeoti: is a graduate and a professionally trained journalist, with experience in national news reporting/editing and verification at the News Agency of Nigeria. NNN is a Nigerian online news portal that publishes breaking news in Nigeria, and across the world. Our journalists are honest, fair, accurate, thorough and courageous in gathering, reporting and interpreting news in the best interest of the public, because truth is the cornerstone of journalism and they strive diligently to ascertain the truth in every news report. Contact: editor[at]

Oil & Gas

Sokoto govt lauds DPR on fuel availability, warns against price hike



Sokoto State Government on Thursday commended Department of Petroleum Resources (DPR) over fuel availability in the state and warned marketers against selling products above regulated price.

Alhaji Chika Umar, Permanent Secretary, Ministry of Commerce made the commendation during a visit to Mr Muhammad Makers, DPR’s Field Controller in charge of Sokoto and Kebbi.

Umar said he led government delegation over products scarcity in the last four days and expressed delight with assurance from DPR for improvement in the coming days.

”After monitoring the situation in the metropolis on Thursday, I felt we should return to DPR and expressed appreciation over improved fuel availability in the state ” he said.

The permanent secretary called on marketers to desist from hoarding products and selling above government approved price.

Responding, Makera said that 88 trucks of Premium Motor Spirit (PMS)  were allocated to the state between Monday and Wednesday, so, there was no reason for scarcity.

” On March 30, the state got 35 trucks of PMS, 31 trucks on March 31 and 22 trucks on April 1.

” Out of these figure, on Monday, 24 trucks was for Sokoto, Tuesday, 23 trucks while 19 trucks on Wednesday also for Sokoto township ” Makera said.

He noted that measures were in place to ensure strict compliance as punishments awaits any defaulting marketer.

According to him, DPR has intensified surveillance on fuel stations to ensure  availability in Sokoto and Kebbi.

Makera urged fuel marketers and the general public to adhere to safety guidelines on containing the spread of Coronavirus.

He said that filling stations must ensure customers abide by the social distancing measure while queuing to buy fuel.

He also urged them to provide hand sanitisers and face masks at their stations.

Edited By: Chinyere Bassey and Isaac Ukpoju

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General news

Yuletide: DPR assures adequate fuel supply in C/River, warns against hoarding 



The Department of Petroleum Resources in Cross River has assured residents in the state and beyond that there was enough product to serve for the Christmas season and beyond.

DPR Operations Controller in the state, Mr Sircham Mohammed-Musa, gave the assurance on Thursday in Calabar during surveillance to some filling stations to ensure compliance with DPR guidelines.

Mohammed-Musa explained that the surveillance was carried out to ensure that filling stations operating in the state were selling at the government approved price and also dispensing the product accurately.

He told Nigeria News Agency while inspecting Mainland oil and gas depot that the agency had issued warning to marketers to desist from any form of hoarding or face sanctions.

“This is the kind of assurance we want to give to Nigerians because most of them believe that once it is end of the year, there will be some sort of artificial scarcity.

“This time, we are assuring Nigerians that the depots in Calabar are filled with petroleum product to serve all categories of consumers.

“As we speak, we have over 100 million litres in stock and this will serve all consumers during the Christmas season and beyond. Some vessels are currently at harbour, waiting for space to discharge the product.

“During surveillance today, we found out that some stations were selling at N142 per litre as against the government approved price of N145. This is why we go on surveillance and one of the benefits of deregulation. The price is down because the product is available,” he said.

On hoarding, he said that DPR was out to ensure that any product that is lifted from the depot gets to its final destination to serve the consumers.

He said that from the DPR assessment, petroleum marketers and depot owners were cooperating in ensuring stability of price and availability of the product.

“We are assuring Nigerians that there should be no panic buying in their minds; we are here to ensure that the product gets to all consumers at the government approved price,” he said.

At the NNPC filling station, a buyer, Mr Chike Amadi, told NAN that the surveillance by DPR would make filling station owners to adhere to standard.

Amadi said it was a thing of joy to have the product still sold at the government approved price without any panic buying or fears of artificial scarcity.

Edited by: Ismail Abdulaziz

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