The Department of Petroleum Resources (DPR) says it will not hesitate to apply appropriate sanctions on marketers engaged in the hoarding of petroleum products in their outlets.
The Director, DPR, Sarki Auwalu, gave the warning in a statement issued on Tuesday in Lagos.
Auwalu said the warning was necessitated by the emergence of queues in retail outlets in some states of the federation.
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According to him, from available records, there is product sufficiency in the country and there is no need for hoarding by any marketer.
Auwalu said, “The DPR will not hesitate to apply appropriate sanctions on any outlet found wanting in this regard.
“The regulatory agency has set up a special task force to intensify surveillance and monitoring of all retail outlets and depots nationwide to check the anomaly.”
