Fuel shortage: Reps call on NMDPRC and SSS to crack down on gas stations selling above the regulated price

The House of Representatives has instructed the Nigerian Midstream, Downstream Petroleum Regulatory Commission, State Security Services and the Nigerian Police to shut down petroleum outlets that are selling above the official rate.< /p>

He also ordered NNPC Limited to end the fuel shortage caused by hoarding.

The House adopted these resolutions on Tuesday after a motion of urgent public importance presented by Saidu Abdulahi (APC, Niger) in plenary.

Official price of Petroleum Motor Spirit (fuel) is N179/litre.

Nigeria's continuing fuel shortage has worsened in recent weeks, with several petrol stations failing to sell the product while others were selling above the regulated price.

The government initially claimed the problem was caused by nationwide flooding, but the shortage continued long after the flood waters receded.

Last week, the SSS gave marketers a 48-hour ultimatum to make products available. Since then, queues at most gas stations have diminished.

Movement

In the motion, Mr Saidu said the shortage was due to a deliberate plan by some oil distributors to maximize profits by distorting supply.

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He noted that the situation allowed some traders to sell above the market rate approved by regulators.

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Mr. Abdulahi said PMS was selling for up to 300 naira per liter at some gas stations despite the trillions spent by the Nigerian government on subsidies.

"Intelligence reports of the current fuel shortage collected by our securities agencies have indicated that there is a deliberate plan by certain oil traders to derail the government's effort in the distribution of fuel in the country by hoarding petroleum products and thus creating scarcity throughout the country.

“While the fuel shortage hits the service stations of some major distributors who are currently selling fuel at a government-regulated price, some independent distributors operating in the market have enough petroleum products sold at unregulated prices. regulated.

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“Most of these petrol stations have been able to sell fuel at over N300 per litre. ugly and it has the power to provoke innocent Nigerians against the government,” he said.

Mr. Abdulahi slammed relevant authorities for failing to act to stop the shortage as Nigerians struggle with the effect.

“Those responsible for taking control of this situation are not doing enough to combat this horrific development. This appears to be a dangerous signal that the government must address without further delay to restore normalcy,” he said.

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The motion passed without debate when Vice-Chair Idris Wase (APC, Plateau), who chaired the session, put the motion to the vote.

As a result, the House mandated the Petroleum Resources (Downstream) and Legislation Committees...

Fuel shortage: Reps call on NMDPRC and SSS to crack down on gas stations selling above the regulated price

The House of Representatives has instructed the Nigerian Midstream, Downstream Petroleum Regulatory Commission, State Security Services and the Nigerian Police to shut down petroleum outlets that are selling above the official rate.< /p>

He also ordered NNPC Limited to end the fuel shortage caused by hoarding.

The House adopted these resolutions on Tuesday after a motion of urgent public importance presented by Saidu Abdulahi (APC, Niger) in plenary.

Official price of Petroleum Motor Spirit (fuel) is N179/litre.

Nigeria's continuing fuel shortage has worsened in recent weeks, with several petrol stations failing to sell the product while others were selling above the regulated price.

The government initially claimed the problem was caused by nationwide flooding, but the shortage continued long after the flood waters receded.

Last week, the SSS gave marketers a 48-hour ultimatum to make products available. Since then, queues at most gas stations have diminished.

Movement

In the motion, Mr Saidu said the shortage was due to a deliberate plan by some oil distributors to maximize profits by distorting supply.

Atiku-Okowa AD

He noted that the situation allowed some traders to sell above the market rate approved by regulators.

TEXEM Advert

Mr. Abdulahi said PMS was selling for up to 300 naira per liter at some gas stations despite the trillions spent by the Nigerian government on subsidies.

"Intelligence reports of the current fuel shortage collected by our securities agencies have indicated that there is a deliberate plan by certain oil traders to derail the government's effort in the distribution of fuel in the country by hoarding petroleum products and thus creating scarcity throughout the country.

“While the fuel shortage hits the service stations of some major distributors who are currently selling fuel at a government-regulated price, some independent distributors operating in the market have enough petroleum products sold at unregulated prices. regulated.

Kogi AD

“Most of these petrol stations have been able to sell fuel at over N300 per litre. ugly and it has the power to provoke innocent Nigerians against the government,” he said.

Mr. Abdulahi slammed relevant authorities for failing to act to stop the shortage as Nigerians struggle with the effect.

“Those responsible for taking control of this situation are not doing enough to combat this horrific development. This appears to be a dangerous signal that the government must address without further delay to restore normalcy,” he said.

Dangote adbanner 728x90_2 (1)

The motion passed without debate when Vice-Chair Idris Wase (APC, Plateau), who chaired the session, put the motion to the vote.

As a result, the House mandated the Petroleum Resources (Downstream) and Legislation Committees...

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