PPPRA, DPR fail to checkmate abuse of subsidy scheme

Petroleum Product Pricing Regulatory Agency (PPPRA), the regulatory custodian of the Petroleum Subsidy Scheme and the Department of Petroleum Resources (DPR), which has responsibility for checking quality of products brought into the country, failed to block loopholes that were exploited by a number of petroleum product traders to abuse the scheme, a forensic report written by the Aigboje Aig-Imokhuede-led Technical Committee on Payment of Fuel Subsidies has revealed.
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