The Division of Petroleum Assets (DPR) on Tuesday stated that it’ll not hesitate to use applicable sanctions on entrepreneurs engaged in hoarding of petroleum merchandise of their shops.
Mr Sarki Auwalu, Director, DPR, gave the warning in an announcement issued on Tuesday in Lagos.
Auwalu stated the warning was necessitated by the emergence of queues in stores in some states of the federation.
DAILY POST gathered that Petrol black entrepreneurs on Monday resurfaced in main highways within the Federal Capital Territory (FCT), Abuja.
On the Kubwa expressway, many petrol stations equivalent to Gegu Oil, AA Rano, Shema and NNPC petrol stations had lengthy queues with folks promoting gasoline outdoors the stations.
Nonetheless, Auwalu maintained that from out there information, there’s product sufficiency within the nation and there was no want for hoarding by any marketer.
“The DPR won’t hesitate to use applicable sanctions on any outlet discovered wanting on this regard.
“The regulatory company has arrange a particular taskforce to accentuate surveillance and monitoring of all stores and depots nationwide to examine the anomaly,” he warned.
He, due to this fact, suggested most of the people in opposition to panic shopping for.
Auwalu assured them that the DPR would proceed to supply its regulatory focus of high quality, amount, integrity and security for the efficient operations of the downstream sector.
DPR reacts as gasoline queues resurfaces, warns entrepreneurs