Library / Page | 1 MIDSTREAM AND DOWNSTREAM PETROLEUM OPERATIONS REGULATIONS, 2024

Page | 1 MIDSTREAM AND DOWNSTREAM PETROLEUM OPERATIONS REGULATIONS, 2024

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52 
Concealing accident information for Investigation 
in Retail Outlet Operations  
NGN 2,000,000.00 
53 
Discharging 
of 
Petroleum 
products 
without 
Earthing cable. 
NGN 100,000.00 
54 
Discharging Petroleum products during Lightning, 
Thunderstorm or Under Direct 
NGN 200,000.00 
55 
Failure to submit monthly sales returns. 
NGN 50,000.00 
56 
Improper or lack of colour codes of underground 
storage tanks/per tank. 
NGN 10,000.00 
57 
Lack of Filling Station Register. 
NGN 20,000.00 
58 
Product Diversion. 
NGN 500.00/liter 
59 
Selling Regulated Petroleum Products above 
approved pump price 
NGN 200,000.00 
60 
Non-Compliance with DRMS Directive 
NGN 250,000.00 
61 
Operating 
Without 
Adequate 
Company 
identification 
NGN 100,000.00 
62 
Product adulteration. N200/Litre 
NGN 200.00/liter 
63 
Take-over/Lease Without Approval 
NGN 1,000,000.00 
64 
Failure to comply with minimum industry safety 
training for staff in facility operations 
NGN 2,000,000 
65 
Decanting 
and 
unauthorised 
peddling 
of 
petroleum products. 
NGN 750 per litre or its equivalent in 
metric tonnes 
66 
Product adulteration or trans-loading in depots, 
transit or retail outlets 
NGN 10,000,000 
67 
Importation of off-spec petroleum products 
USD 2,000,000