Gas station

Nigerian fuel queues cleared: NNPC

ABUJA, January 2, 2018 – Fuel queues in Nigeria have been cleared, the Nigerian National Petroleum Corporation (NNPC) said in a statement Monday. 

 

“We have a presidential directive that if we catch any marketer hoarding products or selling above the approved pump price we should dispense the products to the public free and that directive still holds. Therefore, those marketers that are still hoarding products in their stations should be aware that if they are caught by the regulatory agency of the Department of Petroleum Resources (DPR) and, of course, the law enforcement agencies, they stand the chance of losing their products to the public,” the group managing director of NNPC, Maikanti Baru, said in the statement.

Last week seven filling stations were reportedly shut down on charges that they were selling hoarded petrol at exorbitant prices and their products were distributed for free. Earlier in December the NOC more than doubled the supply of petrol, locally known as premium motor spirit.

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