RateCaptain
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
Subscribe
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
RateCaptain
No Result
View All Result
Home Economy

NMDPRA has shut down 75 filling stations in April 2023

Rate Captain by Rate Captain
May 11, 2023
in Economy, macro-economic news, macroeconomy
Reading Time: 2 mins read
A A
0
NMDPRA has shut down 75 filling stations in April 2023
Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has closed down 75 filling stations in the country for various infractions within just one month. The Osun State office of the NMDPRA made this announcement on Wednesday, highlighting that the infractions committed by operators included operating without a valid license.

Mr Kunle Adeyemo, the NMDPRA State Coordinator, disclosed this during a press conference in which he presented the agency’s activities for the month of April. Adeyemo explained that the agency’s surveillance team visited 301 filling stations throughout the country, discovering that many of them were not operating with valid operational licenses.

AlsoRead

Petrol Hits ₦1,370 in Lagos as Depot Price Hikes Feed Through to Pumps

Dangote Refinery Shares Could Start Trading on December 8 After ₦2.15 Trillion IPO

NGX All-Share Index Edges Up 0.19% to 254,762.81 Points

“We sealed 75 filling stations operating without valid operational licenses and for other infractions in the state in April. In line with the Federal Government directive, all petroleum marketers have till May 31 to get their valid licenses,” said Adeyemo.

He further stated that any petroleum marketer who fails to adhere to the May 31 deadline for obtaining their valid operational license would be severely sanctioned. The surveillance team of the agency also observed that many marketers have turned their filling stations into parking spaces, cash wash, cash points, or were operating without safety facilities, engaging in pump adjustment, using untrained attendants. Adeyemo urged those engaging in such acts to desist.

“It is important to state that the charges for the above infractions had been increased by the Federal Government. We implore petroleum marketers to start conforming with the rules guiding the operation of filling stations in the state and also meet up with the May 31 deadline, as the NMDPRA surveillance team will be all out to monitor compliance. We urge all marketers to abide by the above to avoid being sanctioned,” Adeyemo concluded.

The closure of filling stations by the NMDPRA highlights the need for operators to conform to regulations and obtain the required licenses before operating. The government’s efforts to monitor compliance in the industry are commendable, and marketers must ensure they adhere to rules guiding the operation of filling stations in the state. The NMDPRA’s continued surveillance will ensure that only those who meet up with the regulations and obtain valid licenses operate filling stations in Nigeria.

Previous Post

Nigerian AGIP announce post graduate scholarship award 2023/2024 session.

Next Post

Nigerian businesses must continually raise cyber security culture levels – Don

Related News

Petrol Hits ₦1,370 in Lagos as Depot Price Hikes Feed Through to Pumps

by Akpan Edidong
November 6, 2026
0

Petrol is selling for as much as ₦1,370 per litre in Lagos after a fresh round of depot price increases...

Oil Marketers Dismiss Claims of Dangote Refinery Selling Fuel in Dollars

Dangote Refinery Shares Could Start Trading on December 8 After ₦2.15 Trillion IPO

by Akpan Edidong
November 5, 2026
0

Shares in Dangote Petroleum Refinery and Petrochemicals may begin trading on the Nigerian Exchange from 8 December 2026, after the...

Nigerian Equity Market Sees Impressive N1.08tn Wealth Gain Amidst Bullish Trading.

NGX All-Share Index Edges Up 0.19% to 254,762.81 Points

by Jide Omodele
November 5, 2026
0

The Nigerian Exchange closed higher on Wednesday, 4 November 2026, as the All-Share Index rose 0.19% to 254,762.81 points from...

NNPCL Reports Record Profit of N2.548tn, Uncovers 52 Illegal Refineries

NNPC Remits ₦11.14 Trillion to Federation Account as Nine-Month Revenue Falls 28%

by Akpan Edidong
November 5, 2026
0

The Nigerian National Petroleum Company Limited paid ₦11.14 trillion into the Federation Account as statutory remittances between January and September...

Next Post
Nigerian businesses must continually raise cyber security culture levels – Don

Nigerian businesses must continually raise cyber security culture levels – Don

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Petrol Hits ₦1,370 in Lagos as Depot Price Hikes Feed Through to Pumps

November 6, 2026
Oil Marketers Dismiss Claims of Dangote Refinery Selling Fuel in Dollars

Dangote Refinery Shares Could Start Trading on December 8 After ₦2.15 Trillion IPO

November 5, 2026

Popular Story

  • Shocking: “Undress” An AI Tool That Unveils Digital Representations of Individuals Without Clothing

    Shocking: “Undress” An AI Tool That Unveils Digital Representations of Individuals Without Clothing

    0 shares
    Share 0 Tweet 0
  • CBN To Increase Banks’ Recapitalisation? Emefiele

    0 shares
    Share 0 Tweet 0
  • Naira Remains Under Pressure as Reserves Dwindle and FX Shortages Persist

    0 shares
    Share 0 Tweet 0
  • The End of Global Poverty May Have Begun

    0 shares
    Share 0 Tweet 0
  • Asian Markets and Bitcoin Rally Amid Tight US Presidential Election

    0 shares
    Share 0 Tweet 0

RateCaptain

We bring you the most accurate in new and market data. Check our landing page for details.

  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookie Policy
  • Contact Us

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

No Result
View All Result
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

RateCaptain
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
?>