Why PMS still sells at #145 in Bayelsa,DPR boss explains.
Following complains by residents of Bayelsa State on social media over the failure of filling stations to comply with Federal Government’s directive to sell Premium Motor Spirit (PMS) at ₦125 per litre, the Department of Petroleum Resources (DPR), has called for calm, saying it would take a while for dealers to adjust to the new pump price. Speaking to newsmen in Yenagoa, Bayelsa State Capital, the State Controller of the DPR, Mr George Ene-Ita, he has sent a taskforce round to ascertain why filling stations have not complied with the directive, and found that most of the filling stations have not sold out their old stock that is pegged at ₦145 per litre. But when we went round to monitor the situation, only filling stations operated by the NNPC have adjusted their metres to N125, causing an unusual queue of vehicles. Explaining further, Mr Ene-Ita said “from yesterday we started visiting some of the retail outlets but to be honest with you, what the marke...