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Revenue payment: ministry commends petroleum marketers

By Thompson ABISOLA

The Weight and Measures Department, Federal Ministry of Industry, Trade, and Investment (FMITI), has commended petroleum marketers in Benin for paying revenues accrued on pumps and “dip sticks’’ in their filling stations.

Nwachukwu Cordelia, the Chief Legal Metrology Officer of the ministry said this on Monday in Benin.

A “dip stick’’ is a rod with marks on one end, used to measure the quantity of fuel in a tank, while pumps are flow meters used to dispense fuel.

The marketers pay N5, 000 each for a pump head and dip stick annually.

Nwachukwu, who was in the state on a surveillance inspection of Benin, Auchi and Uromi areas of Edo, said “so far, petroleum marketers have cooperated with the team’’.

She said the compliance level of petroleum marketers in the payment of revenues accrued on their pumps and dip sticks was about 90 per cent.

Nwachukwu urged the marketers to keep paying revenues to the government as well as ensure their customers got value for products purchased from them.

 

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