The unwholesome practice by filling stations whereby they deliberately hoard petroleum products to create a semblance of artificial scarcity will soon be a thing of the past, if the instruction given to the Department of Petroleum Resources by the Minister of State for Petroleum Resources, Ibe Kachikwu, is anything to go by.
The minister on Tuesday, who was advocating stiffer penalties for filling stations found to be hoarding petroleum products, ordered the DPR to seal off such stations and dispense the product free to the public
Mr. Kachikwu gave the directive after a working visit to some filling stations in Abuja.
“I have instructed DPR that if they discover any fuel station involved in hoarding, they should sell the products for free to customers around there”, he said. “It is not just sealing the station that is the answer. It is penalizing them when they do these things. I hope the message goes out loud and clear”.
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