The Department of Petroleum Resources, DPR, has identified Akwa Ibom State as having the highest number of fuel stations in the country with cases of pump dispensing inefficiency, hoarding and diversion of products among other illegalities.
It has also lamented that 50 per cent of fuel stations in the state are operating without DPR’s valid license.
Mr Bassey Nkanga, DPR’s Controller of Operation in charge of Akwa Ibom and Cross River states stated this at DPR/IPMAN meeting in Eket, weekend.
Nkanga, who warned that sanctions would be meted out to marketers who fail to comply with new pump price of N86.50 per litre, however pleaded with them to make efforts to comply with the new price, adding that the era of impunity was over.
He lamented that marketers in the state were among the few in the country dispensing fuel far above regulated prices.
“I am pleading with all of us here, things have changed, the era of impunity is gone and government is serious about selling petroleum products at approved pump price.
“I want to plead with us, you have made so much money, now is time for everybody to comply with federal government directives.” he stressed.
He said government will not tolerate any longer anybody selling petroleum products above pump price irrespective of whatever story anybody tells.
“The stand of government is that if you know you cannot make profit for selling at N86.50 per litre please don’t sell.” he explained.
Reacting, Mr Nseobong Umanah, Chairman of IPMAN in the state blamed the situation on the activities of the private depot owners in Calabar.
He explained that it is difficult to buy the products at N77.66 ex-depot price and dispense it at regulated prices at the retail outlets but promised that the marketers would cooperate with the federal government by selling at he approved price.

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