Governors Warn Oil Marketers Against Artificial Fuel Scarcity, Threaten Severe Actions

Governors Deploy Special Monitoring Teams: The governors, including AbdulRahman AbdulRazaq of Kwara State, Douye Diri of Bayelsa State, and Ademola Adeleke of Osun State, have announced the deployment of special monitoring teams to ensure compliance with regulations and prevent the creation of artificial fuel scarcity. They caution oil marketers against imposing unnecessary hardships on citizens across the country.

Condemnation of Hoarding and Price Hike: The governors express their displeasure at the actions of oil marketers who have resorted to hoarding fuel and increasing prices immediately after President Bola Tinubu’s announcement regarding the removal of fuel subsidy. They argue that such actions exploit the populace and create undue hardship.

Threats of Clampdown and Prosecution: The governors issue stern warnings to oil marketers engaging in hoarding and price manipulation. They declare their intention to clamp down on offenders and prosecute them for economic sabotage. Penalties may include the revocation of Certificates of Occupancy, closure of filling stations, and legal action. The governors stress their commitment to protecting the interests of their respective states’ residents.

These proactive measures taken by the governors highlight their determination to ensure a fair and equitable distribution of fuel, maintaining affordable prices, and preventing artificial scarcity. By deploying special monitoring teams and threatening strict actions, the governors aim to safeguard the well-being of their citizens and discourage any attempts to exploit the fuel subsidy removal for personal gain.