Abuja: New petrol pump price meets mixed compliance

Following the reduction in the pump price of petrol by the
federal government, there has been slow compliance by filling
stations in the satellite towns of the Federal Capital Territory
(FCT), Daily Trust findings showed yesterday. Our reporter
observed that while NNPC stations had adjusted their pump
prices to N86 per litre, some stations owned by independent
and major oil marketers remained unchanged especially by
retailers in the satellite towns.
This was just as the federal government yesterday began
enforcement of sale of fuel at the N86.50 per litre for
marketers and N86 for NNPC retail stations across the
country. The government announced the new prices for petrol
on Tuesday.
A team from the Operations Department of the Petroleum
Products Pricing Regulatory Agency went round Abuja
yesterday to enforce and monitor the level of compliance. The
team led by the Assistant General Manager and Head of
Operations, Mr. Victor Shidok, warned marketers against any
form of sharp practices, stating that the agency would
sanction any marketer caught cheating.
Shidok, however, expressed satisfaction with the level of
compliance so far by marketers in the cityand assured that, it
would extend to the satellite towns to ensure all marketers
comply.