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Fuel Dispenser for Retailing Petroleum Products
Fuel Dispenser

Economy

Fuel Scarcity: Oborevwori cautions Petroleum Marketers against Hoarding, Price Hike


Delta Governor, Sheriff Oborevwori has cautioned petroleum marketers in the state against hoarding of Petroleum products especially Premium Motor Spirit (PMS) popularly known as fuel.

Chief Press Secretary to the Governor, Mr Festus Ahon in a statement on Tuesday in Asaba quoted Governor Oborevwori as saying that, the state government would not tolerate acts that would make life difficult for Deltans.

He said the state government desire is to grow the economy of the State through its MORE agenda. He therefore solicited the support of all stakeholders in its determination to make life more meaningful for Deltans.

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According to the statement, “we have heard and seen the reaction of Petroleum Marketers in the state to the announcement of alleged subsidy removal by President Bola Tinubu.

He said the state government had been inundated with reports of filling stations in the state hoarding products and thereby creating artificial scarcity with intent to hike price.

The Delta State Governor views the action of these marketers as unpatriotic and waging of economic war against the people of the state.

“As a government, we will not watch marketers exploit Deltans of their hard earned income through creation of artificial scarcity”, he said.

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He called on marketers to be patriotic and continue selling their products to the general public at the official pump price.

Oborevwori added that the relevant government agencies have been directed to monitor the situation and ensure total compliance with the directive.

The state government, he said, would not hesitate to take necessary action against any filling station hoarding the product or who is caught selling above the official price.


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