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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