The Edo State Government has commenced inspection to check fuel scarcity, hoarding, and a hike in the price of premium motor spirits in the state.
Accordong to the special adviser to the governor on media projects, Cruseo Osagie, The task force set up to regulate the product, on Tuesday, inspected fuel stations in the Benin Metropolis to check against hoarding, as well as address the issue of artificial scarcity and arbitrary hikes in prices of petroleum products in the state.
Speaking to journalists during the inspection, the Permanent Secretary, Ministry of Energy and Mining, Ferguson Enabulele, said the state government will carry out further engagements with relevant authorities on the matter. He said, “We discovered under-dispensing in some of these stations, over pricing which cannot be fully justified as some are saying the sector has been fully deregulated but there is no formal letter from the state government concerning that. So, we still stand with the old prices of these products.
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