Fuel subsidy: You are wicked for swift price hike – Diri attacks marketers

Bayelsa State Governor, Senator Douye Diri, has taken a swipe at oil marketers in the state for swiftly increasing the price of Premium Motor Spirit, PMS, otherwise known as petrol, following a mere pronouncement that had not taken effect.

Gov Diri on Tuesday, who directed oil marketers in the state against hoarding and price hike, warned that his administration will take stern measures against any filling station that flouted the directive.

He described as wicked for oil marketers in the state to swiftly seek to profiteer at the detriment of the people.

It was gathered from residents that filling stations in Yenagoa, the state capital had immediately shut down after the pronouncement and later at night started dispensing at N400 per litre.

Diri said, “The government had received reports that filling stations in the state capital had hiked the pump price of petrol above the usual price of between N193 and N250 per litre and now being sold at N500 per litre and above.

Marketers in the state are said to have reacted to the pronouncement of President Bola Tinubu during his inauguration on Monday that the Federal Government subsidy on petrol “was gone.”

The Presidency, however, issued a clarification statement on Tuesday that the removal of the subsidy had yet to take effect.

He noted that the pump price of petrol is a significant determinant of the cost of goods and services in the country and that his administration would not allow the people of Bayelsa to suffer undue hardship from the profiteering activities of greedy businessmen.

Diri said he had directed the Ministry of Mineral Resources and the petroleum task force in the state to shut down any filling station hoarding the product or caught selling above the usual price.

He said: “I have directed the relevant ministry and the state’s task force on petroleum to ensure that all filling stations sell petrol within the usual price range.

“I have equally directed that any filling station that flouts this directive or fails to revert to the usual price be shut down. We will take further stern measures against any station that defaults.

“This directive takes immediate effect.”

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  1. I agree with the Gov but let me say they are acting just the way you Leaders, Presidents & Governors have failed to build refineries. You leaders have failed the Nigerian Masses.

    1. you just hit the nail on the head


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