Sayyadi Suleiman Abubakar has revealed that Nigerian Marketers now
import AGO and Liquefied Petroleum Gas(LPG) from neighboring OPEC
member country, Niger Republic.
Briefing reporters in his office on the activities of his department,
Alhaji Sayyadi Suleiman Abubakar explained that the two products are in
the exclusive list of deregulated items, adding that “it could be
acquired from anywhere and sold in the Nigerian market.
Alhaji Abubakar said that such importation does not attract any
financial commitment from the federal Government, maintaining that the
DPR does not regulate their market prices unlike the price of Premium
Motor Spirit (PMS).
The Controller who responded to a question on whether the Department
has the power to regulate prices said, “yes, Nigeria now imports AGO,
that is Diesel, and LPG, otherwise known as Gas from Niger Republic, and
I want to state clearly that this venture does not attract any
financial commitment from the federal Government”.
Alhaji Abubakar further revealed that the Department has sealed no
fewer than 10 service stations and destroyed two illegal fuel dumps
within and around Kano, in the last couple of weeks, for selling
products above the official pump price stated that the “affected
companies were appropriately sanctioned.”
Source: Vanguard
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