Osun state Governor, Ademola Adeleke has warned fuel dealers against hoarding petroleum products in the state saying, any fuel station found guilty to create artificial scarcity shall be sealed off and operators prosecuted for the crime of economic sabotage.
This was contained in a statement signed by the state’s governor spokesman, Olawale Rasheed, the governor argued that his administration would not subject itself to any untoward act that could bring untoward hardship on the people of the state.
He, however, affirmed that “as from 30th May 2023, the Special Monitoring Team on fuel scarcity set up by his administration shall begin special monitoring of all the filling stations across the state in collaboration with law enforcement agencies and other stakeholders.”
Adeleke remarked that it has been drawn to the deliberate hoarding of PMS by the fuel dealers within the state as a result of the statement from the inaugural speech of the new President of the Federal Republic of Nigeria, Bola Ahmed Tinubu on the removal of fuel subsidy, thereby causing unnecessary hardship for the people in the state.
However, the Nigerian National Petroleum Company Limited has supported the decision of Tinubu on the removal of fuel subsidy.
The head of the company, Mele Kyari explained that the company had been spending a significant portion of its profits on the product subsidy.
However, he assured Nigerians that there was no need for panic buying as the company had enough product to supply the country for the next 30 days.