18th May 2024
Crime & Investigation National News News

NSCDC Warns Fuel Marketers Against Creating Artificial Scarcity, Hike In Price

NSCDC Warns Fuel Marketers Against Creating Artificial Scarcity, Hike In Price

The Kwara Command of the Nigeria Security and Civil Defence Corps (NSCDC) has warned petroleum marketers against hoarding and selling fuel above the recommended pump price.

The warning is contained in a statement signed by Mr Babawale Afolabi, spokesperson of the command and issued to newsmen on Sunday in Ilorin.

“They should not create artificial scarcity, through hoarding of the products,” the statement said.

It quoted the State Commandant, Mr Makinde Ayinla, as giving the warning while inspecting some petrol stations in Ilorin.

“Based on intelligence , some filling stations had been accused of selling petrol for as much as N250, which is above the recommended pump price of N165,” he said.

The statement said that some fuel stations “were caught in the act and were ordered to revert to the recommended price.”

Some of the stations visited were NNPC in the Surulere Area, Topland and Demo at Amilegbe, Total Comfort and Oilfield at Ita-Amo.

The statement said the exercise would continue on Monday with the inspection of more filling stations.

– NAN (News Agency of Nigeria)

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