The Authorities of Cross River State has frowned on the continuing shortage of gas throughout the state.
In a press release by Ukpong Umoh, Particular Adviser to Governor Bassey Otu on Oil and Gasoline, on Saturday, the federal government stated it will hammer down on all operations of product hoarding and black market profiteering, with the intention to cushion shortage and ameliorate sufferings.
“That is to tell the Basic Public and specifically all Petroleum Sellers/Entrepreneurs working inside the State that His Excellency the Governor of Cross River State, Sen. Prince Bassey Otu frowns on the pointless hardship imposed on the nice individuals of the State as depots and petrol stations are hoarding Petroleum Merchandise thereby inflicting undue sufferings, exploitation amongst others.
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“Following His Excellency’s mantra, ‘The Individuals’s First,’ the Workplace of the Particular Adviser to the Governor on Oil & Gasoline from as we speak, the 14th day of September 2024 would simmer down on all operations of product hoarding and black market profiteering in order to cushion the impact of the continuing shortage and provide/bolstering of black entrepreneurs within the State.
“Any station discovered wanting can be duly sanctioned,” the assertion learn.
CONVERSEER studies that filling stations within the state are promoting petrol as much as N1,500 per litre, whereas black entrepreneurs are promoting as much as N2,500 per litre.
