The government needs to find ways to ensure the stability of gas prices as well as make gas available to common Nigerians.
He said the Nigerian Navy personnel were deployed to monitor the vessel’s loading and discharge.
Justice Ekwo, after listening to their arguments, adjourned the matter until Oct. 25 for judgement.
The NMDPRA boss said the figure represented a 35 per cent reduction compared with the 65 million litres per day before subsidy removal.
“There will be transparency while conducting the business of the importation of PMS both by the major marketing companies, MOMAN, and the DAPPMAN, as well as the NNPC Limited.”
The Department of Petroleum Resources’ joint task force has begun clamping down on filling stations in Ondo, accusing them of hoarding fuel.
NMDPRA says it is working with NNPC and other stakeholders to guarantee a smooth transition following the fuel subsidy removal.
Mr Adeyemo said in line with the federal government’s directive, all petroleum marketers have till May 31 to get their valid licences.
The executive director of NMDPRA, Mustapha Lamorde, raised the concern at his meeting with industry stakeholders in Port Harcourt on Wednesday.
NMDPRA is working with other stakeholders to mitigate the slight tightness experienced in petrol distribution.
