The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has toughened its stance against market abuse in the petroleum sector by unveiling a draft competition code for the industry. The authority warned that it will revoke the operating licences of fuel stations found to be under-dispensing petroleum products, describing the practice as a serious breach of consumer trust. In an industry circular from its Abuja headquarters, NMDPRA stated that outlets found under-dispensing, operating with improperly calibrated equipment, or otherwise compromising dispensing accuracy will be required to take immediate corrective action. Persistent or serious violations will be subject to sanctions, up to and including revocation of the outlet's licence.
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