• Contact Us
  • About Us
Tuesday, January 13, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Energy

FG orders arrest of marketers who hoard petrol

metro by metro
December 18, 2017
in Energy
0
0
SHARES
0
VIEWS

PENGASSANThe Federal Government has ordered security agencies to arrest petroleum marketers who purposely hoard products to create the artificial scarcity currently being experienced.

This is even as oil marketers have been warned to desist from hoarding the product or risk being arrested by industry regulators who have been detailed for enforcement.

Read Also

Nigerians Groan As Nationwide Blackout Persists On Another National Grid Collapse

Amid Lingering Power Generation Crisis NMDPRA Begins Review Of Gas License Holders 

DisCos Accounted For 100% Power Sector Casualties Q1-NERC

The order was disclosed by the Nigerian National Petroleum Corporation (NNPC) in a statemnet issued on Monday in Abuja.

NNPC spokesman, Ndu Ughamadu, who signed the statement said that the warning followed the uncovering of 144 oil tankers filled with petroleum products in Kano.

According to him, government has intervened in an industrial action embarked upon by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) over labour disputes with NECONDE Energy Services Ltd.

“NNPC warns marketers not to hoard products as law enforcement agencies, working with industry regulators, have been detailed to take appropriate measures against any defaulter.

“The Corporation further assures that there are enough petroleum products to keep the nation wet,” Ughamadu said.

He urged motorists and other consumers of   petroleum products to resist the temptation to go into panic buying.

“NNPC wishes to state that relevant government agencies are in consultation with industrial unions to arrive at an amicable resolution of issues over which there are threats of industrial action,” he said.

The Federal Government has also waded into the matter, appealing to leaders of PENGASSAN to shelve its strike over the sack of workers by NECONDE Energy Services Ltd.

The News Agency of Nigeria (NAN) correspondent reports that queues, which eased some days back, have now returned at fuel stations in the Federal Capital Territory.

Tags: FGNNPCPENGASSAN
Previous Post

BREAKING: Appeal Court declares Kogi East Senate seat vacant

Next Post

Drug abuse: Senate goes after importers, distributors

Related Posts

Nigerians Thrown Into Darkness As National Grid Collapses For Seventh  Time In 2024 |
Energy

Nigerians Groan As Nationwide Blackout Persists On Another National Grid Collapse

September 11, 2025
Amid Lingering Power Generation Crisis NMDPRA Begins Review Of Gas License Holders 
Energy

Amid Lingering Power Generation Crisis NMDPRA Begins Review Of Gas License Holders 

July 17, 2025
NERC Threatens Tougher Sanctions Against DisCos Over Low Power Supply
Energy

DisCos Accounted For 100% Power Sector Casualties Q1-NERC

July 17, 2025
Senate
Energy

Senate Passes Electricity Act Ammendment Bill To Tackle Sector Collapse

July 9, 2025
Next Post

Drug abuse: Senate goes after importers, distributors

NRS Engages KPMG As Concernrs Over Nigeria’s New Tax Laws Ease

NRS Engages KPMG As Concernrs Over Nigeria’s New Tax Laws Ease

January 13, 2026
Uninspiring Super Eagles B Crash Out Of CHAN 2024, After 4-0 Defeat To Sudan

Super Eagles Beat Algeria 2-0 To Book AFCON Semi With Morocco

January 10, 2026
ASUU Blasts COPSON Over Comments On Collective Bargaining, Expresses Commitment To Quality Education

Relieve As FG, ASUU Seal Agreement On 40% Salary Increase Next Wednesday

January 10, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version