Emmanuel Addeh in Yenagoa
Following public outcry over the rising cost of Premium Motor Spirit (PMS) in Bayelsa, the Department of Petroleum Resources (DPR), Tuesday insisted that it will shut down filling stations in the state selling the product above the official pump price.
Most filling stations in the state had in the past week hiked the price of fuel from N145 to N160 per litre, a hike that affected transportation fares.
The organisation said that it was worried that Independent Petroleum Marketers in Yenagoa, the state capital, suddenly increased their pump price by a whopping N15, describing it as illegal.
Speaking after an emergency meeting with independent marketers in the state, on Tuesday, DPR’s Head of Operations, Ibinabo Jack, warned that if they do not revert to N145, the affected stations would be closed down immediately.
He asked them to immediately revert to the original price of N145 per litre, or be sanctioned…