A three-month window for owners of petroleum products retailing outlets in Lagos to renew and regularise their operating licences has been issued by the Department of Petroleum Resources (DPR).
This was made known on Wednesday by the zonal operations controller of the Department of Petroleum Resources (DPR), Ayorinde Cardoso in Lagos.
However, Cardoso said the DPR decided to permit the owners of the petroleum products retail outlets to reopen for business following interventions by industry stakeholders.
He admitted that the regulatory agency had met with representatives of the Major Oil Marketers Association of Nigeria (MOMAN) and the Independent Petroleum Marketers Association of Nigeria (IPMAN) over the issue.
“The affected operators have been given a three months window for the renewal/regularisation of their operating licences within the zone,” Cardoso said.
“This is in line with the department’s drive of being a business enabler and opportunity house.”
He added that the DPR would continue to ensure safety in the selling and distribution of petroleum products to reduce incidents of explosion in the state