The Government of Anambra State has warned petroleum products marketers against hiking the prices of their products.
This is following President Bola Ahmed Tinubu’s pronouncement on fuel subsidy removal.
Speaking in Awka on Wednesday, the Commissioner for Petroleum and Mineral Resources, Barrister Tony Ifeanya made it clear that the ministry will not hesitate to sanction any petrol station that violates government directive.
Ifeanya said no petrol station in the state has any reason or justification to hike the prices of the products since the federal government is yet to commence the removal of the fuel subsidy which he explained is still going to be a process and through a procedure.
He also noted that the petrol stations are still selling products purchased at normal prices from the depot and were no way affected adversely by the President’s pronouncement.
The Commissioner pointed out that hike in prices of petroleum products will have chain reaction on the economy and increase transport fares and prices of goods in the market.
He stressed that the state government will not allow any individual or group to subject Ndi Anambra to untold hardship because of selfish interest, adding that regulatory agencies will be notified to take necessary actions against petrol stations that sell above the approved pump price.
Ifeanya said the state Joint Petroleum Enforcement Team will also be deployed to seal petrol stations that ignore government directive.
Meyer Paints PLC formerly known as Hagemeyer Nigeria PLC in the early 1940s and ...LEARN MORE
Beta glass plc is a subsidiary of frigoglass industries Nigeria limited. Beta Gl...LEARN MORE