The current fuel scarcity being experienced in some filling stations across the country has been blamed on greed and unpatriotic action of petroleum marketers.
Nigerdeltaconnect gathered that the hoarding of the product is to create artificial scarcity and possible arbitrary increase in the price of the products.
The Department of Petroleum Resources (DPR) has therefore, warned that it will not hesitate to apply appropriate sanctions on marketers engaged in the hoarding of petroleum products in their outlets.
The Director of the DPR, Mr. Sarki Auwalu, who gave the warning in Lagos Monday, expressed concern over the emergence of queues in retail outlets in some states of the federation.
He stated that from available records, there are sufficient products in the country and there is no need for hoarding by any marketer, adding that the regulatory agency has set up a special task force to intensify surveillance and monitoring of all retail outlets and depots nationwide to check the anomaly.
He further advised the general public against panic buying and assured them of his agency’s continued regulatory mandate to ensure effective operations of the downstream sector.