Oil marketers on Sunday said the Federal Government should evacuate and dispense the products currently trapped in the depots which were shut down recently by the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA.
Marketers said the products should be dispensed at the regulated rate of N148/litre to help address the scarcity of Premium Motor Spirit, popularly called petrol, in some states, instead of leaving them trapped despite the fuel crisis across the country.
The Chief Executive, NMDPRA, Farouk Ahmed, said the action by the affected depots contravened the provisions of the Petroleum Industry Act 2021, and also contributed to the recent PMS supply crisis in the downstream oil sector.
