14 gas stations in Oron, Akwa Ibom, have been closed by the Nigerian Midstream and Downstream Petroleum Regulatory Authority for selling Premium Motor Spirit above the set price.
The statement was made in an interview with the News Agency of Nigeria at Oron on Saturday by the agency’s Team Lead for Distribution Systems Storage and Retailing Infrastructure, Mr. Joy Koro.
“We sealed 14 filling stations that were selling PMS between N400 per litre and 450 per litre at Oron, Akwa Ibom,” he said.
The fueling stations would face consequences, according to Koro.
He issued a warning to marketers not to sell petroleum products beyond the permitted pump price.
“If you see any marketer selling above the regulated price, definitely that filling station will be shut.
“There is enough petroleum products for marketers to lift to their stations.
“The marketers know the approved pump price; if we carry out surveillance and we see them selling at the regulated price, we will not seal their filling stations,” he said.