The licenses of some 30 oil marketing companies have been revoked by the National Petroleum Authority (NPA).
A statement issued by the NPA said the licenses were revoked for non-compliance to the rules and regulations of the industry.
“The National Petroleum Authority wishes to bring to the attention of the general public that the licenses of the underlisted Oil Marketing Companies have been revoked for non-compliance with the rules and regulations of the Authority on the acquisition and maintenance of their licenses,” NPA added in the statement.
Meanwhile, the Authority has advised the ge real public to desist from engaging with the affected OMCs.
“The General Public is hereby warned that engaging with the affected OMCs is at their own risk. The Authority will bear no liability for any loss or damage that may be suffered by any person who chooses to engage with the affected OMCs in whatever capacity.”