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PENGASSAN wants marketers hoarding fuel to face harsh punishment.

Marian RomainebyMarian Romaine
February 7, 2023
in News
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PENGASSAN wants marketers hoarding fuel to face harsh punishment.
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The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has been requested by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) to withdraw the license of marketers who hoard fuel and sell it above the national official pump price.

The oil workers’ request came in response to the ongoing fuel shortage that has made life miserable for most Nigerians.

The association also urged the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) in a statement to require all marketers and retailers to offer the goods at the set pricing.

Additionally, it pleaded with the Authority to swiftly mobilize all of its personnel around the nation to oversee compliance.

The association issued a warning, saying it will not think twice to work with other stakeholders to prevent the continued exploitation of Nigerians.

According to the association’s most recent research, the country has enough PMS for more than 30 days, thus there is no justification for the current shortage and hardship facing Nigerians.

Tags: marketers hoarding fuel to face harsh punishmentNigerian Midstream and Downstream Regulatory Authority (NMDPRA)PENGASSANPetroleum and Natural Gas Senior Staff Association of Nigeria - PENGASSAN
Marian Romaine

Marian Romaine

Marian Romaine is a seasoned content writer with a passion for translating complex technological concepts into accessible and engaging content.She is dedicated to creating engaging and informative content aiming to enhance both reader engagement and search engine visibility. Her writing combines a deep understanding of the subject matter with a talent for crafting clear, concise, and informative pieces.With 3 years of industry experience, her expertise includes crafting blog posts, articles, social media content, and website copy.

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