• Home
  • Photo News
  • News
    • NGO/CSO
    • Photo News
    • OrientalNews 7th Anniversary
    • Press Releases
    • World News
    • Nigeria News
    • Politics
    • Opinion
    • Sports
  • Interviews
  • SMEs
  • Law
    • Crime
  • Travel & Tours
    • Aviation
    • Tourism
  • Energy
    • Oil & Gas
    • Power
  • Business
    • Banking & Finance
      • Capital Market
      • Money Market
    • Pension
    • Insurance
    • Brands & Marketing
    • IT & Telecoms
    • Labour
    • Agriculture
    • Maritime
    • Property
    • Manufacturing
  • Regulators
    • Nigeria Bureu of Statistics
    • PENCOM
    • NAICOM
    • SEC
    • NSE
    • CBN
Facebook X (Twitter) Instagram
Wednesday, July 22
  • About us
  • Terms of use
  • Privacy Policy
  • Disclaimer
  • Advertize here
  • Contact us
Facebook X (Twitter) Instagram
Oriental News Nigeria
NRS Tax campaign
  • Home
  • Photo News
  • News
    • NGO/CSO
    • Photo News
    • OrientalNews 7th Anniversary
    • Press Releases
    • World News
    • Nigeria News
    • Politics
    • Opinion
    • Sports
  • Interviews
  • SMEs
  • Law
    • Crime
  • Travel & Tours
    • Aviation
    • Tourism
  • Energy
    • Oil & Gas
    • Power
  • Business
    • Banking & Finance
      • Capital Market
      • Money Market
    • Pension
    • Insurance
    • Brands & Marketing
    • IT & Telecoms
    • Labour
    • Agriculture
    • Maritime
    • Property
    • Manufacturing
  • Regulators
    • Nigeria Bureu of Statistics
    • PENCOM
    • NAICOM
    • SEC
    • NSE
    • CBN
Oriental News Nigeria
Home»Energy»Oil & Gas»Standardisation; DPR To De-Register Defaulting Marketers In 2015
Oil & Gas

Standardisation; DPR To De-Register Defaulting Marketers In 2015

By orientalnewsngDecember 9, 2014No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

By Ijeoma Agudosi-Eket


The Department of Petroleum Resources (DPR) said it will enforce standards in the petroleum industry such that law breakers would be shown the way out.

With this warning beginning from 2015  the oil industry regulator will de-register petroleum retail outlets that fail to meet up with standard requirements in the sector.

It vowed to be strict on enforcing regulatory standards on the sales and storage of petroleum products.

The Controller of Operations, Mr. Eyo Antai Asuquo gave the warning in Eket, Akwa-Ibom state during an Annual Marketing Meeting with the Independent Petroleum Marketers Association of Nigeria (IPMAN).

The meeting x-rayed the activities of stakeholders in the downstream sector of the oil and gas industry within the last one year with a view to generating ideas to improve their operations in the coming year.

Eyo said, “We are, therefore, reminding you to note the following penalties that would be taken against defaulting companies as approved by DPR management as they relate to retail outlets operations.

According to him, Products diversion will attract a penalty of four months closure of the affected retail outlet. For products’ adulteration, such products would be quarantined and the affected retail outlet sealed for six months where adulteration is proven to have been carried out at the outlet“Product over-pricing at retail outlets will attract a penalty of closure of the outlet for at least, one month.

Pump under-dispensing will attract a penalty leading to the closure of the retail outlets for one month while violation of DPR seal at retail outlet will receive a sanction of closure of the retail outlet for six months while molestation of DRP personnel will attract outright revocation of license of the retail outlet.

Also speaking the representative of the Director of the Akwa-Ibom State Fire Service, Mr. Victor James enjoined the petroleum products dealers to always abide by the safety guidelines and policies set-up by government especially, by obtaining safety certificates from the department before the commencement of their operations noting that often times, the petroleum products dealers were found wanting in that regard.

Share this:

  • Share
  • Email a link to a friend (Opens in new window) Email
  • Tweet
  • Share on Reddit (Opens in new window) Reddit
featured Standardisation; DPR To De-Register Defaulting Marketers In 2015
orientalnewsng

Related Posts

Nigeria Concludes Commercial Oil Bid Process With 37 Firms Winning Oil Fields

July 22, 2026

Alternative Route, Exports From Producer Regions Outside Gulf Sustains Global Oil Market- IEA 

July 22, 2026

Nigeria’s Oil Field Auction Progresses Into Final Commercial Phase 

July 21, 2026

Leave A Reply Cancel Reply

The latest
  • NAICOM Applauds Senate On Passage Of Insurance Regulatory Commission Bill
  • NYSC Announces 2026 Batch ‘B’ Stream II Orientation To Start In August 
  • NYSC To Strengthen Youth Involvement In Economic Transformation 
  • SIFAX Group Charges Young Nigerians To Lead Africa’s Blue Economy Future
  • Paras Energy Funding SPV Plc Lists N15.00Bn Bond On FMDQ Platform 
  • FMDQ Approves Quotation Of TeleAfrica Communications Ltd’s N3.31Bn CP On Platform 
  • Court Jails 12 For Naira Abuse
  • Alleged N1.35b Fraud:  Absence Of Defence Counsel Stalls Trial Of Lamido, Sons
  • Heirs Insurance MD Fayemi Calls For Strong Policy Direction To Address Nigeria’s Housing Challenge
  •  Sanwo-Olu Unveils New Book On Leadership, Lagos Transformation 
Categories
Quick Links
  • About us
  • Terms of use
  • Privacy Policy
  • Disclaimer
  • Advertize here
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Copyright © 2026 Oriental News Nigeria. All right reserved.

Type above and press Enter to search. Press Esc to cancel.