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Home » NMDPRA Says 85% Of Petroleum Stations Renew Operational Licenses

NMDPRA Says 85% Of Petroleum Stations Renew Operational Licenses

by Joshua
August 22, 2022
in Oil and Gas
NMDPRA Says 85% Of Petroleum Stations Renew Operational Licenses

The Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) Adamawa office said it renewed the operation licenses of about 85 per cent of existing 530 petroleum stations in the state.

NMDPRA

Malam Sadeeq Ibrahim, the regional coordinator of the agency, said this while speaking with the press in Yola .

He said the remaining filling stations that could not complete the renewal of their licenses was because they were waiting for tax clearance certificates from the Federal Inland Revenue Service FRIS.

Ibrahim explained that the agency would not renew operations documents of a retail outlet without an accompanying tax clearance certificate, stressing that it would not compromise the basic policy requirements.

He identified some of the challenges facing the operational activities of the agency to include unnecessary objections from some communities in building of new petroleum stations even after all the due processes were observed.

Read Also:  Nigeria Posts Record 9.4m Barrels Oil Loss Amid Massive Under-Production, To Shut-Ins, Others

The coordinator emphasised that the agency had since prohibited sitting of petroleum stations within the radius of 20km to the borders and all operational licences of stations close to the borders had been suspended.

He said the initiative was aimed at curbing smuggling of petroleum products to Cameroon and other neighboring border towns, saying the agency appreciated the efforts of the Nigerian Customs (NCS) for their support on this issue.

Ibraheem warned the independent marketers against diversion of petroleum products, compromising safety measures and pump under-dispensing of the commodity to consumers, stressing it will not hesitate to sanction violators.

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