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Price Gouging: FG Shuts Ascon, Integrated, Mobil, Oando, Sahara, Etc Depots - Politics - Nairaland

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Price Gouging: FG Shuts Ascon, Integrated, Mobil, Oando, Sahara, Etc Depots by midolian(m): 1:07pm On Aug 10, 2015


President Muhammadu Buhari’s zero tolerance for corruption is already making impact in the oil sector.

This is as the Department of Petroleum Resources (DPR) has started to fish out culpable oil companies.

In the past few days, the agency shut facilities belonging to six major depot owners in Apapa Lagos.

They were found guilty of flagrantly disregarding the government directive that the depot price of petrol should not be above N77.66 per litre.

The depots closed by the agency, according to New Telegraph, are AA Rano, Ascon, Obat, Integrated Oil, Sahara Energy and Swift Oil.

DPR, it was gathered, held separate meetings with the affected companies over the issue with no positive result.

A source told the newspaper that: “Efforts by the government to ensure that the fuel is sold at N87 per litre to Nigerians at the filling stations could not yield the desired results because depots are sabotaging these efforts by selling the products to filling stations above the ex-depot price of N77. 66 per litre, and still claim subsidy payment.

“This action has made their counterparts to begin to display their prices using various outdoor media”.

He added that complaints by some Nigerians that they buy the product above N87 per litre “will soon be a thing of the past.”

Meanwhile, DPR has threatened to withdraw their licences for violating the pricing template and guidelines of the Petroleum Products Pricing Regulating Agency (PPPRA).

On Sunday, the DPR announced the sealing of 12 filling stations in Abuja for profiteering and selling above government approved prices.

A statement by Mohammed Usman, the DPR Zonal Operations Controller, said in Abuja on Sunday that the 12 stations had brought to 34 the number of filling stations sealed by the DPR in Abuja and environs.

It said that surveillance was carried out by four teams covering Abuja and its environs.

“A total of 46 filling stations were visited and the exercise indicated availability of PMS in the stations with some queues observed”, it disclosed.

The statement named the stations as Harry Pet filling station in Gwagwalada for selling PMS at N110; Drison Oil filling station at Giri for selling PMS at N100 and Ohinoyi Oil in Kwali for under dispensing with -3770 mls.

Also sealed were Gausiya filling station at Giri where one pump was sealed for under-dispensing with -740 mls; Adelhi Ltd filling station at Masaka for selling PMS at N105 and Hariz Pet at Masaka sealed for selling PMS at N110.

Oando Plc at Maraba Aso was sealed for suspected diversion of PMS (45,000 litres), Mobil New Nyanya had one pump sealed for under-dispensing with -730 mls and Badeggi Petrol station at Dikko Junction sealed for selling PMS at N110.

Others were Edewa Ltd at Kwamba Suleja sealed for selling PMS at N105, Shemaco filling station, Kwamba Suleja was sealed for selling PMS at N97 and Dee Jones, Kwamba, Suleja was sealed for selling PMS at N105 and under dispensing with -420 mls.

The statement noted that the affected stations were to remain sealed for at least one month as well as forfeiting their bridging claims for the products in question.

Earlier in July, the DPR shut 23 private petroleum products depots across the country also for selling PMS N77.66 per litre.

A statement issued by DPR Director, Mr Mordecai Ladan, in Abuja noted that the depots were mainly in Lagos except for two in Warri, Delta, and three in Calabar.

The clampdown on the private depots followed the report of a special investigation team set up by DPR to uncover some unwholesome practices by the private petroleum products depots.

http://sunnewsonline.com/new/price-gouging-fg-shuts-ascon-integrated-mobil-oando-sahara-etc-depots/
Re: Price Gouging: FG Shuts Ascon, Integrated, Mobil, Oando, Sahara, Etc Depots by sintirin(m): 1:10pm On Aug 10, 2015
Let's wait and. See
Re: Price Gouging: FG Shuts Ascon, Integrated, Mobil, Oando, Sahara, Etc Depots by midolian(m): 1:12pm On Aug 10, 2015
The emboldened reminds me of this sweet line "I am for everybody and I am for nobody" grin

May God bless Mr President.
Nigeria is truly blessed for having you

_______________________________________________________
Ye wailers, hope u can see this undecided
Re: Price Gouging: FG Shuts Ascon, Integrated, Mobil, Oando, Sahara, Etc Depots by repogirl(f): 1:14pm On Aug 10, 2015
FP or no FP, waiting to see......... angry
Re: Price Gouging: FG Shuts Ascon, Integrated, Mobil, Oando, Sahara, Etc Depots by Nobody: 1:18pm On Aug 10, 2015
Even Oando? Wow! Kudos to Bubu smiley
Nigeria is becoming better day by day.

Cc: lalasticlala
Re: Price Gouging: FG Shuts Ascon, Integrated, Mobil, Oando, Sahara, Etc Depots by Iykopee(m): 1:26pm On Aug 10, 2015
Wud they be sealed forever for violation or this is just one of the numerous '' initial gra gra''?
Re: Price Gouging: FG Shuts Ascon, Integrated, Mobil, Oando, Sahara, Etc Depots by Gerryboy(m): 1:34pm On Aug 10, 2015
I hope baba can sustain d gud work.
Re: Price Gouging: FG Shuts Ascon, Integrated, Mobil, Oando, Sahara, Etc Depots by airmark(m): 1:39pm On Aug 10, 2015
Nice one. Everyone must sit up for the betterment of this nation.

1 Like

Re: Price Gouging: FG Shuts Ascon, Integrated, Mobil, Oando, Sahara, Etc Depots by vicadex07(m): 1:39pm On Aug 10, 2015
If na dat jonamumu, he wont do anything. He will just be looking like pesin wey dey always sip ogogoro from dream. All talk no action, setting up committees

1 Like

Re: Price Gouging: FG Shuts Ascon, Integrated, Mobil, Oando, Sahara, Etc Depots by phlemzy: 1:42pm On Aug 10, 2015
This scarcity has long overstayed. It should just go!
Re: Price Gouging: FG Shuts Ascon, Integrated, Mobil, Oando, Sahara, Etc Depots by dustmalik: 1:44pm On Aug 10, 2015
This is something the last administration couldn't do because it was riddled with corruption. All the DPR could do, then, was to shutdown mere filling stations, just so it wouldn't seem as if it wasn't doing its job.

1 Like

Re: Price Gouging: FG Shuts Ascon, Integrated, Mobil, Oando, Sahara, Etc Depots by gmaribel(m): 2:15pm On Aug 10, 2015
Outside Abuja and maybe Lagos where can you get fuel at. 87# in a filling station?
Re: Price Gouging: FG Shuts Ascon, Integrated, Mobil, Oando, Sahara, Etc Depots by midolian(m): 2:25pm On Aug 10, 2015
gmaribel:
Outside Abuja and maybe Lagos where can you get fuel at. 87# in a filling station?
Taraba

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