The Department of Petroleum Resources
(DPR) on Tuesday said that it will not hesitate
to apply appropriate sanctions on marketers
in their outlets.
engaged in hoarding of petroleum products
Mr Sarki Auwalu, Director, DPR, gave the
warning in a statement issued on Tuesday in
Lagos.
Auwalu said the warning was necessitated
by the emergence of queues in retail outlets
in some states of the federation.
News Desk gathered that Petrol black
marketers on Monday resurfaced in major
highways in the Federal Capital Territory
(FCT), Abuja.
On the Kubwa expressway, many petrol
stations such as Gegu Oil, AA Rano, Shema
and NNPC petrol stations had long queues
with people selling fuel outside the stations.
However, Auwalu maintained that from
available records, there is product sufficiency
in the country and there was no need for
hoarding by any marketer.
The DPR will not hesitate to apply
appropriate sanctions on any outlet found
wanting in this regard.
“The regulatory agency has set up a special
taskforce to intensify surveillance and
monitoring of all retail outlets and depots
nationwide to check the anomaly,” he
warned.
He, therefore, advised the general public
against panic buying.
Auwalu assured them that the DPR would
continue to provide its regulatory focus of
quality, quantity, integrity and safety for the
effective operations of the downstream
sector.
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