The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has warned gas stations that they would be fined if they modify gasoline pumps.
On Friday in Abuja, NMDPRA Chief Executive Farouk Ahmed made this comment during a meeting with members of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC).
According to Ahmed, gas stations detected supplying fuel using tampered fuel pumps would face severe punishments, including the loss of their operating licenses, the suspension of operations, or even the closure of the business.
Fuel pump tampering by gas station owners, he claims, is a serious issue for oil regulators and the government.
Currently, we have members of our team performing random spot inspections at various gas stations. You won’t know whether you’ve been scammed if you drive into a station and leave again without first measuring your fuel economy.
“Sometimes we go to some stations and buy one liter and check about to see whether that one liter is actually one liter; this is a physical measurement. He said, “Then we will know if they have tampered with the pump.”
The head of the NMDPRA stated that the authority will continue to work with the RMAFC to increase income for the federation.
We’re off to a good start, but please understand that this is only a legal partnership to increase money for the federation. He outlined two options: “either increase revenue or decrease expenses.”
He urged people to put money into the economy’s “middle of the road” by stating things like, “Come to us if you want to build a gas plant; we will give you the guidelines and the policies, and you will come and invest.” Investment costs may vary depending on your chosen location, however opportunities exist.
Mr. Bello Shehu, chairman of the RMAFC, stated that the two groups’ participation was undertaken to further cement their existing relationship.