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Fuel scarcity: Reps enjoin NNPC to end artificial petrol scarcity, give deadline

by Emerald Nigeria
December 14, 2022
in Economy
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The Nigerian National Petroleum Company Limited, NNPCL, has been called by the House of Representatives, to ensure ample supply of petrol in the country, within seven days.

As reported by PUNCH, the Reps made the call on Tuesday, during plenary. The House, particularly directed NNPCL to end the artificial scarcity of petrol within the next one week, in order to lessen the suffering of the masses.

They also called on the Nigerian Mainstream Downstream Petroleum Regulatory Commission, to collaborate with the Nigerian Police Force, and the State Security Service, to ensure that fuel is sold at the appropriate price in all retail stations.

In the words of Abdullahi, while moving the motion;

“The House is concerned that intelligence reports on current fuel scarcity gathered by our securities agencies indicated that there is a deliberate plan by some oil marketers to derail the effort of the government in the distribution of fuel in the country by hoarding the petroleum products and, thereby, creating artificial scarcity all over the country.

“The House is further concerned that while the fuel scarcity is heating petrol stations of some major marketers that are currently selling fuel at government regulated price, some independent marketers who operate in the market have enough petroleum products selling at unregulated prices.

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“The House is worried that most of those fuelling stations have resulted in selling fuel at over N300 per litre. It is observed with dismay that those who are gaining from this artificial fuel scarcity appear to be smiling home as a result of this ugly development and this has the potency to provoke innocent Nigerians against the Government.”

Tags: Fuel scarcityHouse of RepsNNPCL
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