He noted that, “PPPRA will ensure effective monitoring of petroleum products’ distribution and compliance with pricing template and PPPRA will not allow long queues at filling stations because of speculations that pump prices may be raised.”
Browsing: Mr. Victor Shidok
“PPPRA has been able to achieve stability in the supply and distribution of petroleum products. Though, in some cases, there are situations when some marketers sell above the regulated pump price too. That sometimes depends on market dynamics.”
Emefiele in his speech explained that in addition to earning very good income from a vibrant domestic biofuel industry, Nigeria could also rely on it to provide her alternative clean fuel, reduce her level of fuel importation, and conserve her foreign exchange.