Subsidy Withdrawal: Any Petrol Station Caught Hoarding Products Will Lose Its Landed Property –Edo State Govt Warns
The Edo State Governor Godwin obaseki has warned petrol dealers against hoarding of petroleum products, with a view to creating artificial scarcity and hiking off prices of the products.
This comes as petrol queues reportedly resurface in filling stations following president Bola Tinubu removal of fuel subsidy on May 29.
Osaigbovo Iyoha, the Chief of Staff to Governor Godwin Obaseki in a statement warned that any petrol station caught hoarding products would lead to revocation of its landed property.
“The attention of Edo State Government has been drawn to the unscrupulous attempt by petrol dealers in the state to hoard fuel and create artificial scarcity and price hike.
To this end, all petrol stations are ordered to immediately resume sales of the products to Edo people or risk immediate closure and possible revocation of their property to enable others who want to do legitimate in Edo State come and invest.
