FG orders arrest of petrol hoarders

The Federal Government has ordered security agencies to arrest petroleum marketers who hoard the products, so as to cause artificial scarcity, as is, currently, being experienced.
This is even as oil marketers have been warned to desist from hoarding the product or risk being arrested by industry regulators, who have been detailed for enforcement.
The order was disclosed by the Nigerian National Petroleum Corporation (NNPC) in a statement issued, on Monday, in Abuja.
NNPC spokesman, Ndu Ughamadu, who signed the statement, said that the warning followed the uncovering of 144 oil tankers filled with petroleum products in Kano.
According to him, government has intervened in an industrial action embarked upon by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) over labour disputes with NECONDE Energy Services Limited.
“NNPC warns marketers not to hoard products, as law enforcement agencies, working with industry regulators, have been detailed to take appropriate measures against any defaulter.
“The Corporation further assures that there are enough petroleum products to keep the nation wet,” Ughamadu said.
The News Agency of Nigeria (NAN) quoted him as urging motorists and other consumers of petroleum products to resist the temptation to go into panic buying.

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