Fuel scarcity: I have ordered end to hoarding, price hike – Buhari

President Muhammadu Buhari, on Sunday, said that he had directed regulators to end hoarding and price hike.
The President, who finally broke his silence on the lingering fuel scarcity in the country, said he had also been assured by the Nigerian National Petroleum Corporation (NNPC) that the situation would improve, significantly, in the next few days .
Buhari disclosed this in a statement he personally signed and posted on his verified Twitter handle, @ MBuhari .
Describing the fuel crisis as regrettable, the President sympathised with Nigerians, whom, he noted, had been enduring needless fuel queues.
 “The fuel scarcity being experienced nationwide is regrettable. I sympathise with all Nigerians on having to endure needless fuel queues.
“ I am being regularly briefed, especially on the NNPC’ s interventions to ensure that there is enough petrol available during this period and beyond.
“ I have the NNPC’ s assurance that the situation will improve significantly over the next few days, as new shipments and supplies are distributed across the country.
“ I have also directed the regulators to step up their surveillance and bring an end to hoarding and price inflation by marketers ,
“ Let me also assure you that the relevant agencies will continue to provide updates on the situation . I thank you all for your patience and understanding,” he said.

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