Despite last Wednesday’s announcement by the Department of Petroleum Resources (DPR) that it had set up a task force to supervise and monitor the sale of petrol in some depots, some major and independent marketers have continued to sell above the official pump and ex-depot prices, ThisDay reports.
Investigations have revealed that petrol is till being sold above the official ex-depot price by most of the major and independent marketers. This development, it was learnt, prompted the regulatory agency to secretly visit some of these facilities at the weekend and sealed the depots of Integrated Oil and Gas; Ascon Oil, and Swift Oil, while others escaped the agency’s sledge hammer by the whiskers.
A random weekend market survey conducted by ThisDay at the various depots in Lagos showed that even those that displayed ex-depot price of N77.60 on their billboards to show that they have complied with the DPR directive, have devised other means of collecting money from their customers to make up for the balance.
It was gathered that while these marketers collect N77.60 as ex-depot price, they have created other accounts into which customers pay additional money, thus increasing the ex-depot price through the back door.
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