Nigeria: Lagos Shuts Five Tank Farms, Fuel Scarcity May Follow

Nigerians may experience scarcity of fuel again as the Lagos State Environmental Protection Agency, LASEPA, has shut five tank farms for violation of environmental laws.

The tank farms are Bovas Petroleum Limited, Swift Oil Limited, Fatgbems Petroleum Limited, Index Oil and Gas, and Techno Oil Limited.

Mr Adebola Shabi, the agency’s chief executive officer, sent a letter to one of the affected tank farms, Index Petroleum, saying the facilities were shut because they were built within a distance less than 200 meters away from residential buildings.
He also said the tank farms were built without submission of environmental assessment report to the agency and non-submission of appropriate contingency plans.

Shabi added that the facilities were to remain shut until they satisfactorily meet the compliance status of the agency. There is also a penalty of N5 million (about $33,500) to be payed by the operators of the affected tank farms to the agency.

Leave a Reply