Osun State Task Force Warns Marketers Against Fuel Hoarding and Price Inflation 

Osun State Task Force Warns Marketers Against Fuel Hoarding and Price Inflation 

Osunstate.gov.ng

 

The Osun state government Taskforce on Petroleum Price Monitoring, has warned owners of petrol stations across the state against hoarding petroleum products to create artificial scarcity.

 

In a statement by the Chairman of the Taskforce and the Chief of Staff to the State Governor, Hon Kazeem Akinleye, the taskforce noted that its surveillance across the state revealed that most filling stations are hoarding petrol products, thereby worsening the fuel supply situation in the state.

 

The Chairman posited that surveillance activities were conducted in major towns and the state capital in the last three days and that it revealed deliberate hoarding of fuel to create artificial scarcity.

 

The Taskforce consequently issues strong warning to affected filling stations which are already listed as direct culprits to open up their tanks and dispense fuel to the members of the public.

 

The statement further tasked marketers to be public spirited in their pricing of Petroleum products, reminding them of the already harsh economic situation on the members of the public.

 

Failure to stop the fuel hoarding and take Humanitarian notice of prevailing economic situation in the country will lead to severe sanctions, the statement warned.

 

E-Signed:

Hon. Kazeem Akinleye,

Chairman, Petroleum Monitoring Taskforce & Chief of Staff to the State Governor

Related posts

How Access Bank Staff Secretly Recorded 400 Nude Videos Of Female Colleagues

Abisola

Passersby with smartphones watch as woman commits suicide from flyover in Delta state

Abisola

Financial Gravity Hosts AI Design Challenge For Tax Planning Software

Abisola

LEADERSHIP NEWSPAPER ENDORSES GOVERNOR ADELEKE FOR SECOND TERM

Abisola

PRESS CONFERENCE OF GOVERNOR ADEMOLA ADELEKE ON SACKED LG CHAIRMEN, CHAOTIC PLOT 

Abisola

Electricity: IBEDC EXPLAINS REASONS FOR POOR SUPPLY

Abisola