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Osun government taskforce warns petroleum marketers against fuel hoarding



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The Osun government Taskforce on Petroleum Price Monitoring has issued a stern warning to petroleum marketers in the state, cautioning them against hoarding fuel products.

Kazeem Akinleye, Chairman of the taskforce and Chief of Staff to Gov. Ademola Adeleke, conveyed this message in a statement released on Sunday in Osogbo.

Akinleye revealed that investigations conducted by the taskforce surveillance team uncovered instances of hoarding at several filling stations, exacerbating the fuel supply situation in the state.

Surveillance activities conducted over the last three days in major towns and the state capital unveiled deliberate hoarding of fuel to create artificial scarcity.

“We are issuing a strong warning to affected filling stations, which are already listed as direct culprits, to open up their tanks and dispense fuel to members of the public,” Akinleye emphasized.

He urged marketers to demonstrate public-spiritedness in their pricing of petroleum products and to consider the harsh economic realities faced by the public.

Akinleye warned that failure to cease fuel hoarding and take into account the prevailing economic situation in the country would result in severe sanctions.

The Osun government Taskforce remains vigilant in ensuring the availability of fuel to residents and will take decisive action against any form of malpractice that exacerbates the fuel supply situation in the state.

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