The Group Managing
Director (GMD), Nigeria National Petroleum Corporation (NNPC), Dr. Maikanti
Baru, Tuesday said the Federal Government would adopt what he termed
“aggressive measure” to tackle the ongoing artificial scarcity of petroleum
products across the country.
According to him, part
of the approach was the directive to the Department of Petroleum Resources
(DPR) to not only dispense free fuel to motorists and other members of the
public from filling stations found hoarding products, but seal the such
stations.
Baru gave the warning
in Ibefun, Ogun State,during the inauguration of 300million litres tank farm
sited in the community by Petrolex Mega Oil City.
Baru attributed the
artificial scarcity of fuel to the activities of unscrupulous marketers who he
accused of hoarding the product.
“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,” Baru said.
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