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The Federal Government, on Monday, announced that no unlicensed petroleum product dealer would be allowed to load products from June 1, 2023, as it vowed to shut down such businesses beginning from that day.
It warned that from June 1, 2023, anyone who wants to deal on petroleum products must obtain a licence, stressing that “no licence, no loading of any petroleum product.”
The government gave the warning in Abuja through the Nigerian Midstream and Downstream Petroleum Regulatory Authority at a stakeholders’ engagement on gas utilisation in Nigeria.
The objective of the engagement was to enlighten operators on the need to urgently obtain the requisite petroleum storage licence and to engender the transition from white products to gas.
“No licence, no loading. We still have like nine days to do the right thing and comply. As the scripture says, obedience is better than sacrifice. As a regulator we prefer that people comply so that it doesn’t have adverse effects on your businesses.
Peoplesmind
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