Buhari directs end to petrol price hike, hoarding
 |
| President M.Buhari
President Muhammadu Buhari has directed government officials to end the arbitrary increase in price of petrol and hoarding of products across the country.
Expressing sympathy with Nigerians for their suffering due to the lingering petrol scarcity, the President, in a statement posted on his twitter handle, described the petrol scarcity as “regrettable”.
He said going by the briefings he was getting, the Nigerian National Petroleum Corporation (NNPC) was on top of the situation.
Buhari said: “The fuel scarcity being experienced nationwide is regrettable. I sympathise with all Nigerians on having to endure needless fuel queues.“I’m being regularly briefed, especially on the NNPC’s interventions to ensure that there is enough petrol available during this period & beyond.
“I have the NNPC’s assurance that the situation will improve significantly over the next few days, as new shipments and supplies are distributed across the country.
”I have also directed the regulators to step up their surveillance and bring an end to hoarding and price inflation by marketers,
”Let me also assure that the relevant agencies will continue to provide updates on the situation. I thank you all for your patience and understanding.”
|
Popular Posts
-
FC Barcelona and Liverpool FC have reached an agreement for the transfer of Philippe Coutinho. The player will sign a contract for the ... -
Russian Foreign Minister Sergei Lavrov has accused the US of seeking to provoke North Korea into stepping up its nuclear missile program...
-
The French castle about 200 miles away from Paris was built in the 13th century, captured twice by the English in the Middle Ages, sacked ... -
Outrage over six dead appointees on Buhari’s board list Niyi Odebode, John Alechenu, Olalekan Adetayo, Adelani Adepegba, Ade Adesomoju,... -
Joel Nwokeoma Worried, or so it seemed, by the deluge of complaints by workers over unpaid salaries and allowances by many state gove...
