The Department of Petroleum Resources has warned against petrol hoarding by depot owners, stating that culprits will be sanctioned when caught.
The Director, DPR, Sarki Auwalu, in a statement signed by the Head of Public Affairs, Paul Osu on Wednesday said that there had been reports of product hoarding by some depot owners, causing scarcity of the product.
THE WHISTLER had earlier reported a similar case in Niger state, as the state Chapter had accused petroleum marketers of hoarding products, thereby causing unnecessary scarcity in the state.
According to him, there had been challenges of marketers storing large quantities of petrol in Jerry-Cans which are being hidden at unknown sites.
He said, “Delivery is another problem in terms of efficacy of the pump, because we discovered that some of the marketers under-dispense to customers.”
Auwalu noted that the depot hoarding activities is causing untold hardship for Nigerians, adding that there was no need for such practices by this group of unpatriotic citizens.
According to him, DPR, as the licence issuers to all oil and gas facilities in Nigeria including the depots, would not hesitate to apply appropriate sanctions on any defaulting depot.