Petrol scarcity: NMDPRA asks oil marketers to stop hoarding, says consumers will be protected | TheCable

Petrol subsidy removal: NMDPRA asks marketers to stop hoarding, says consumers will be protected | TheCable

Speaking to journalists on Monday, Farouk Ahmed, the authority’s chief executive officer , directed the oil marketers to prevent hoarding.

“Now, we have noticed a few queues, especially FCT and other parts of the country, and this is just panic buying as a reaction to the pronouncement by Mr. President,” he said.“Again, we are calling all and sundry to take it easy and everything should be okay because the law has taken its course and we will, as regulators, ensure that the consumers are not taken advantage of.o ensure that we abide by the provisions of the law.

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