The Department of Petroleum Resources (DPR), Oyo and Osun field office has sealed off no fewer than 50 fuel stations in Ibadan and environs for hoarding and selling the product above government approved N87 price.
A filling station allegedly belonging to a former senator from Oke Ogun part of the state was among those sealed off by the DPR.
Another one belonging to a former governor from Ogbomosho, which was sealed off few weeks back, was also one of those compelled to reverse its sales to government approved price during the inspection.
The affected filling stations were selling the product between N120 and N150 per litre as at last week.
Same could be said of kerosene which now sells between N95 and N100 per litre.
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