DPR commended for regulating, setting up petrol stations

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DPR commended for regulating, setting up petrol stations

Written by Adewale Ajayi Wednesday, 11 July 2012

THE Directorate   of Petrol Resources (DPR) has been commended for its effort in regulating setting up of petrol stations and that its effort has prevented the emergence of illegal petrol stations.

A major petroleum product marketer, Alhaji Yusuf Banuso, made the commendation during a chat with Nigerian Tribune.

He said there was nothing against setting up of many petrol stations.

Alhaji Banuso commended the DPR for preventing the emergence of illegal petrol stations.

“There is no town that we don’t have many petrol stations. Petrol stations are many everywhere. We thank God that the Directorate of Petrol Resources (DPR) is working on it to regulate setting up petrol stations,” he said.

On the ongoing probe of the fuel subsidy regime by the House of representatives and the allegation of bribery levelled against the former chairman of the ad hoc committee, Honourable Farouk Lawan, Alhaji Banuso said he did not comment on such issues, because it are government affairs and government should resolve the issue, just as he denied ever commenting on it.

“It is a lie. I never commented on it. Nothing concerns me about anybody collecting   bribe or not. I didn’t comment on it.

On how marketers managed to make profit despite the hike in the price of petroleum products, Alhaji Banuso explained that inasmuch they could not sell above the fixed price, they ensured they bought product which they could make a little profit from.

“It is not that the increment is okay by us. But this is the only business we have been doing. It is the only business people know us with .

“We don’t have the resources to import petrol motor spirit (PMS) products on our own. Whatever price the Nigeria National Petroleum Corporation (NNPC) sells the petroleum products to us that is the price   we will buy. We don’t have an alternative. We are like babies being backed by her mothers. Wherever pleases the mother she can carry the baby to,” he added.