Tag: DPR
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Why we seal filling stations across Nigeria – DPR
The Department of Petroleum Resources (DPR), has said that the essence of insisting that Petroleum Marketers totally comply with the rules guiding product distribution in the country is to instill sanity into the system to promote investment and not to make money for the Federal Government. The Zonal Controller, Port Harcourt Operation, Bassey Nkanga gave…
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More Oil Companies Will Exit Nigeria soon – DPR
The Department of Petroleum Resources (DPR) has warned that a huge number of companies in the oil and gas sector will soon begin to leave Nigeria. The Deputy Director and Head of Upstream Division at DPR, Mr Enorense Amadasu, said at a stakeholders’ workshop in Lagos on Thursday this will occur as a result of…
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UPDATED: FG revokes MKO Abiola’s oil license
The Federal Government has revoked the oil prospecting licence granted late Basorun MKO Abiola, the acclaimed winner of the June 12 1993 Presidential election annulled by former military president Ibrahim Babangida. In a public notice issued on Thursday by the regulatory body, the revocation was based on a presidential directive to “recover legacy debts” owed…
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DPR generates N1.3trn as revenue, $200m from ‘legacy indebtedness’ in 2018
Mordecai Ladan, the Director, Department of Petroleum Resources (DPR) on Tuesday said the organisation generated N1.3 trillion as revenue and an additional $200 million from legacy indebtedness in 2018. Mr Ladan made this known at the opening of a workshop on Revenue Generation, Accounting and Reporting Process to the Federation Allocation Accounting Committee (FAAC) in…
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DPR seals 46 filling stations in Akwa Ibom
The Department of Petroleum Resources (DPR) in Akwa Ibom says it has sealed 46 filling stations without the department’s licenses and under dispensing of petroleum products in the state. DPR Head of Operations in Eket Mr Olusegun Dabor disclosed this when the department carried out routine inspection of fuel stations in Uyo and its environs…
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FG begins construction of modular refinery in Delta state
The federal government on Thursday said construction work has now started on OPAC Modular Refinery in Kwale, Delta State. The FG made this known today saying the construction work was according to President Muhammadu Buhari’s new vision for the Niger Delta. According to the FG, one of the focus areas of Buhari’s new vision for…
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DPR sanctions 6 erring petrol stations in Warri, environs
The Warri Zonal Office of the Department of Petroleum Resources (DPR) has sanctioned six erring petrol stations in Warri and its environs. The Warri Zonal Operations Controller, Mr Antai Asuquo, disclosed this to newsmen on Tuesday in Warri shortly after a surveillance exercise. Asuquo, who led the surveillance team, said the petrol stations were sealed…
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Fuel scarcity: DPR seals 4 filling stations in Warri
The Warri Zonal Office of the Department of Petroleum Resources (DPR) on Monday sealed four petrol stations in Warri over sharp practices. The Warri Zonal Operations Manager, Mr Yusuf Sule disclosed this to newsmen shortly after an unscheduled visit to some petrol stations in Warri. Sule, who led the surveillance team, said the stations were…
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PMS scarcity: Sell at N145 or lose your petrol, DPR warns marketers in Anambra
The Department of Petroleum Resources (DPR) has warned marketers within its Enugu Zone to comply with N145 pump price of Premium Motor Spirit (PMS) or have their products dispensed to customers free. Mr Unyime Akpan of Health, Safety and Environment Department, DPR Enugu Office, gave the warning in Awka when he led an enforcement team…
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DPR seals 6 filling stations, enforces N145 per litre in Anambra
The Department of Petroleum Resources (DPR) has seal off 6 fuel stations in Anambra for allegedly hoarding and selling petrol above the official pump price of N145 per litre. The affected filling stations were located in Awka, the capital city, Onitsha the commercial town and neighbouring Nkpor and Obosi. NAN reports that Premium Motor Spirit…