The Department of Petroleum Resources (DPR) says its request for daily stock records is a statutory regulatory requirement for any retail outlet license holder.
Mr Paul Osu, Head, Public Affairs, DPR, made the clarification known in a statement issued on Monday in Lagos.
Osu said the request for daily stock enables the DPR to provide accurate petroleum products consumption data for the country.
He said the clarification was necessitated by allegations of extortion against DPR by the Independent Marketers Association of Nigeria (IPMAN), Suleja/Abuja branch on the stock request.
He said: ” This regulatory oversight is at no cost to the retail outlets.
“The provision of the daily stock report, which is also applicable to petroleum products depots also enables DPR to provide investment guide to investors.
“This is in line with its role as a business enabler and opportunity house for the oil and gas industry.
“The department wishes to inform all marketers that all applications and applicable statutory fees for retail outlet operations have been migrated online- www.dpr.gov.ng in furtherance of the federal government’s ease of doing business policy. ”
Osu, therefore charged marketers
to report any noticeable infraction or perceived illegality by DPR officials, adding that the agency would continue to engage all our stakeholders in ensuring energy security for Nigerians. (NAN)
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