Fuel scarcity: Dealer blames marketers for hoarding, unfair profiteering - News Summed Up

Fuel scarcity: Dealer blames marketers for hoarding, unfair profiteering


The South-East Zonal Supervisor, Pinnacle Oil, and Gas, Mrs Amaka Okonkwo, has criticised some petroleum product marketers for hoarding and unfair profiteering of the products leading to the current scarcity. Okonkwo said this while speaking to newsmen in Enugu on Thursday on the ongoing artificial scarcity of fuel (PMS) in the country. She condemned the act of sabotage by some marketers who created the artificial scarcity that shot up pump prices of fuel to between N250 and N300 per litre in and around Enugu state. The dealer, who recently took delivery of five trucks of petrol at her New Haven station, said the company was poised to help ease the artificial fuel scarcity. The News Agency of Nigeria (NAN) reports that the scarcity of fuel had led to increase in prices of goods and services in the country.


Source: Nigerian Tribune January 04, 2018 12:22 UTC



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