The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), through its state coordinator, Kunle Adeyemo, has warned that petroleum marketers found hoarding products will face sanctions.
Speaking to journalists in Osogbo on Wednesday, Adeyemo urged Nigerians to refrain from storing petroleum products at home to prevent fire outbreaks.
He stated: “Petroleum products are available in all the depots around the country.
“Marketers should not engage in diversion, under-dispensing, hoarding, adulteration, or unsafe acts in petroleum retail outlets. Any marketer or operator caught engaging in sharp practices will be sanctioned accordingly.
“Members of the public should also desist from storing petroleum products at home because such actions can lead to fire outbreaks.”
It is worth recalling that on July 27, NNPC Limited spokesperson Olufemi Soneye explained that a problem with the discharge operations of a few vessels was responsible for the fuel shortages experienced in Abuja and Lagos.
At one point, the NNPC also attributed the challenges to poor weather conditions.
Soneye said: “The NNPC Ltd wishes to state that the tightness in fuel supply and distribution witnessed in some parts of Lagos and the FCT is a result of a hitch in the discharge operations of a couple of vessels.
“Adherence to these regulations is mandatory as any deviation could pose a severe danger to trucks, filling stations, and human lives. Similarly, the development was compounded by consequential flooding of truck routes, which has constrained the movement of PMS from the coastal corridors to the Federal Capital, Abuja.”
The economy continues to suffer due to the widespread practice of fuel hoarding among certain individuals.
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