The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, in Osun State has warned petroleum marketers in the state against hoarding fuel.
In a statement on Monday, Mr Adekunle Adeyemo, the state coordinator of NMDPRA, in Osogbo, also warned residents of the state against panic buying, hoarding and storing petroleum products at home.
He also said that the surveillance team of the agency would be all out to ensure that no filling stations hoard the product, as he warned that any marketers caught hoarding the fuel or engaging in any form of sharp practices would be dealt with according to the dictate of the law.
READ ALSO: Ogun Seals Gas Company After Abeokuta Explosion
Mr. Adeyemo promised that the agency would intensify its monitoring and surveillance of outlets in line with its regulatory mandate to ensure compliance with quality, quantity and safety of operations.
In Osogbo, there were long queues in some filling stations while most were shut. Those that were open were selling petrol for as high as N800 to N900, due to this motorists have hiked the transport fares.
Leave feedback about this