• Contact Us
  • About Us
Wednesday, February 25, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Economy

DPR seals 27 filling stations in Akwa Ibom

metro by metro
February 11, 2017
in Economy
0
0
SHARES
0
VIEWS

The Department of Petroleum Resources (DPR), Eket field office, said it sealed 27 filling stations for selling above government’s approved pump price of N145 per litre in the state.

Mr Bassey Nkanga, the Operations Controller of DPR, gave the figures on Saturday in Eket when Independent Petroleum Marketers Association of Nigeria (IPMAN) officials, visited the department.

Read Also

Amid Dwindling Purchasing Power Of Naira, January Inflation Eases To 15.10 Percent 

Nigerian, Zambian Currencies May Post Further Gains As Ghana’s Cedi Faces Pressure

Yuan Expected To Rise In 2026 Amid Cautious Optimism From  Beijing

He said that the filling stations were sealed within January and February in the state.

Nkanga, who frowned at their action, threatened to sanction marketers that do not sell petroleum products at government’s approved pump prices of N145 per litre.

“We are aware that some of the marketers sell above government approved pump price. We are saying no.

“Government has risen to these challenges and all these challenges will be totally surmounted,’’ Nkanga said.

He said that the department would not rest on its oars to ensure that petroleum products were sold at government’s approved price in the state.

“I want to appeal that this is not time for people to make huge profit, the pricing template of PMS has not change.

“We will not allow any marketer to sell above government price and if they don’t want to sell at controlled price, they should stop selling,’’ Nkanga warned.

He, however, said some marketers had undergone undertaking with the department to sell at the approved price.

He said that some marketers had started paying their fines and the department had unsealed their station.

He said the department was working with other government agencies to ensure that marketers/IPMAN members were not sub-charged unnecessarily.

Responding, Mr Ubong Isong, IPMAN Chairman, Akwa Ibom Chapter, thanked the DPR for giving them audience, saying that he came to introduce the new Executive members to the department.

He said that IPMAN members were against adulteration of petroleum products in the state.

“We do not want to encourage our members to engage in sharp practices or sell adulterated petroleum products in the state,’’ he said.

Fuel sells at N150 per litre in Akwa Ibom.

Previous Post

Nigeria overnight lending rate closes flat at 10 pct

Next Post

NYSC member attacked in C/River

Related Posts

National Bureau
Economy

Amid Dwindling Purchasing Power Of Naira, January Inflation Eases To 15.10 Percent 

February 16, 2026
UBA, Fidelity, Others Extend Workdays As CBN Insists On January 31 Deadline For Depositing Old Naira Notes
Economy

Nigerian, Zambian Currencies May Post Further Gains As Ghana’s Cedi Faces Pressure

February 6, 2026
Yuan Expected To Rise In 2026 Amid Cautious Optimism From  Beijing
Economy

Yuan Expected To Rise In 2026 Amid Cautious Optimism From  Beijing

February 4, 2026
African Nations Now Send More Money To China Than They Receive In New Loans
Economy

African Nations Now Send More Money To China Than They Receive In New Loans

January 27, 2026
Next Post

NYSC member attacked in C/River

Senate

Senate Seeks Additional ₦30bn For INEC To Conduct 2027 Election 

February 24, 2026
Romantic Tryst Led To Mexican Cartel Leader’s Capture, Death 

Romantic Tryst Led To Mexican Cartel Leader’s Capture, Death 

February 24, 2026
Nigeria Signs South Korea’s Daewoo To Fix Kaduna Refinery

Oil Rises To Near Seven-month High On US–Iran Tensions, Trade Policy

February 24, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

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
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version