Fuel scarcity: NNPC to shut down Petrol stations hoarding PMS

The Nigeria National Petroleum Corporation (NNPC) has said it would shut down stations hoarding fuel in the country.
The Group Managing Director of the coporation, Maikanti Baru, said this at the inauguration of 300million litres tank farm, in Ijebu, Ogun state.
Baru added that the Federal Government would adopt aggressive measure to tackle the ongoing artificial scarcity of petroleum products across the country.
He said the Department of Petroleum Resources (DPR) has been directed to dispense free fuel to motorists and other members of the public from filling stations found hoarding fuel.
“We must have noticed the sudden return of fuel queues in some parts of the country last week; this is unfortunately attributable to the activities of some independent marketers who are hoarding the product in anticipation of perceived (increase in) price of petroleum product.
“We’ve said it time and time that the government and NNPC has no intention of increasing the price of petroleum at this moment.
“Moving forward however, DPR will be more aggressive in curtailing this menace by sealing any petrol station found hording petroleum products. The products will be dispensed to motorists free of charge, so be on notice.”

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