The Department of State Services DSS has waded into the ongoing fuel crisis currently facing the country and has given both the NNPCL and oil marketers 48 hours to resolve the supply issues.
Spokesman of the agency, Peter Afunaya, at a briefing in Abuja, hinted at economic sabotage and threatened to go after those impeding the supply of petroleum products since the NNPC had given assurances of sufficiency of the products.
Veteran journalist, Babajide Kolade-Otitoju in his reaction on journalists’ Hangout said the action of the NNPC and oil marketers is a willful one and lack of foresight.
[wonderplugin_video iframe=”https://youtu.be/aTtRv1WnRO0″ lightbox=0 lightboxsize=1 lightboxwidth=960 lightboxheight=540 autoopen=0 autoopendelay=0 autoclose=0 lightboxtitle=”” lightboxgroup=”” lightboxshownavigation=0 showimage=”” lightboxoptions=”” videowidth=600 videoheight=400 keepaspectratio=1 autoplay=0 loop=0 videocss=”position:relative;display:block;background-color:#000;overflow:hidden;max-width:100%;margin:0 auto;” playbutton=”https://www.tvcnews.tv/wp-content/plugins/wonderplugin-video-embed/engine/playvideo-64-64-0.png”]
Nigeria does not have the level of sufficiency that we need for a time like this.
He stated that though oil marketers have been complaining that the price is not cost reflective, as they want the price to be jacked up.
Mr Otitoju stated that the sector needs to deregulated in order for the country to have peace.
” The situation in which prices are fixed and some stakeholders continue to sell about the X depo price is not desirable for anyone.
” If people find it difficult to make money under the present pricing regime, then you would expect that they will cut all kinds of corners so that they can make money.
“The price volatility in the sector is the worst that i have ever seen.
“Most of the major marketers are at the urban centers but they can’t have the kind of penetration that the independent marketers have. The independent marketers have more filling stations, as such they are the ones to be pleased the most along the value chain because they service a lot of our people.
“The oil marketers are saying that the daughter vessel, which is used to take product from the high seas, that the cost of renting it went up by more than 130 17%, the question is who bears that extra cost? that was not there at the time when NNPC agreed to jack up the pump price.
Going further, Mr Otitoju said some fresh costs coupled with inflation, with the fact that marketers have difficulty in accessing foreign exchange have inexorably pushed the cost of the product.
What the oil marketers, according to him have resorted to do is to create artificial scarcity forcing Nigerians to purchase the product.
“You can only hoard when there is a scarcity of resources.” When there is plenty, everyone wants to dispense, but when there is a bit of supplies dwindling, you can see them wanting to take advantage of the situation. The DSS is frustrated with such persons and has issued a warning to them.
He stated that the Department of Petroleum Resources, DPR, is meant to be in charge of supervising oil marketers but lacks the necessary personnel and enforcement officials.
Speaking further, Ibinabo Dixon, a journalist, stated that the way things are done in the country sometimes gives the impression that we lack regulators.
The DPR which is now called the Nigerian Upstream Petroleum Regulatory Commission is supposed to ensure that such things are not supposed to happen because this is their area.
Mr Otitoju further said Economic sabotage is a big issue, even when the people have the product but preferring to punish the rest of us for no real reason.
Petrol is a security product. Petrol scarcity can push people to violence, especially at a time like this.
The Department of State Services DSS has waded into the ongoing fuel crisis currently facing the country and has given both the NNPCL and oil marketers 48 hours to resolve the supply issues.
Spokesman of the agency, Peter Afunaya, at a briefing in Abuja, hinted at economic sabotage and threatened to go after those impeding the supply of petroleum products since the NNPC had given assurances of sufficiency of the products.
Veteran journalist, Babajide Kolade-Otitoju in his reaction on journalists’ Hangout said the action of the NNPC and oil marketers is a willful one and lack of foresight.
[wonderplugin_video iframe=”https://youtu.be/aTtRv1WnRO0″ lightbox=0 lightboxsize=1 lightboxwidth=960 lightboxheight=540 autoopen=0 autoopendelay=0 autoclose=0 lightboxtitle=”” lightboxgroup=”” lightboxshownavigation=0 showimage=”” lightboxoptions=”” videowidth=600 videoheight=400 keepaspectratio=1 autoplay=0 loop=0 videocss=”position:relative;display:block;background-color:#000;overflow:hidden;max-width:100%;margin:0 auto;” playbutton=”https://www.tvcnews.tv/wp-content/plugins/wonderplugin-video-embed/engine/playvideo-64-64-0.png”]
Nigeria does not have the level of sufficiency that we need for a time like this.
He stated that though oil marketers have been complaining that the price is not cost reflective, as they want the price to be jacked up.
Mr Otitoju stated that the sector needs to deregulated in order for the country to have peace.
” The situation in which prices are fixed and some stakeholders continue to sell about the X depo price is not desirable for anyone.
” If people find it difficult to make money under the present pricing regime, then you would expect that they will cut all kinds of corners so that they can make money.
“The price volatility in the sector is the worst that i have ever seen.
“Most of the major marketers are at the urban centers but they can’t have the kind of penetration that the independent marketers have. The independent marketers have more filling stations, as such they are the ones to be pleased the most along the value chain because they service a lot of our people.
“The oil marketers are saying that the daughter vessel, which is used to take product from the high seas, that the cost of renting it went up by more than 130 17%, the question is who bears that extra cost? that was not there at the time when NNPC agreed to jack up the pump price.
Going further, Mr Otitoju said some fresh costs coupled with inflation, with the fact that marketers have difficulty in accessing foreign exchange have inexorably pushed the cost of the product.
What the oil marketers, according to him have resorted to do is to create artificial scarcity forcing Nigerians to purchase the product.
“You can only hoard when there is a scarcity of resources.” When there is plenty, everyone wants to dispense, but when there is a bit of supplies dwindling, you can see them wanting to take advantage of the situation. The DSS is frustrated with such persons and has issued a warning to them.
He stated that the Department of Petroleum Resources, DPR, is meant to be in charge of supervising oil marketers but lacks the necessary personnel and enforcement officials.
Speaking further, Ibinabo Dixon, a journalist, stated that the way things are done in the country sometimes gives the impression that we lack regulators.
The DPR which is now called the Nigerian Upstream Petroleum Regulatory Commission is supposed to ensure that such things are not supposed to happen because this is their area.
Mr Otitoju further said Economic sabotage is a big issue, even when the people have the product but preferring to punish the rest of us for no real reason.
Petrol is a security product. Petrol scarcity can push people to violence, especially at a time like this.
The Department of State Services DSS has waded into the ongoing fuel crisis currently facing the country and has given both the NNPCL and oil marketers 48 hours to resolve the supply issues.
Spokesman of the agency, Peter Afunaya, at a briefing in Abuja, hinted at economic sabotage and threatened to go after those impeding the supply of petroleum products since the NNPC had given assurances of sufficiency of the products.
Veteran journalist, Babajide Kolade-Otitoju in his reaction on journalists’ Hangout said the action of the NNPC and oil marketers is a willful one and lack of foresight.
[wonderplugin_video iframe=”https://youtu.be/aTtRv1WnRO0″ lightbox=0 lightboxsize=1 lightboxwidth=960 lightboxheight=540 autoopen=0 autoopendelay=0 autoclose=0 lightboxtitle=”” lightboxgroup=”” lightboxshownavigation=0 showimage=”” lightboxoptions=”” videowidth=600 videoheight=400 keepaspectratio=1 autoplay=0 loop=0 videocss=”position:relative;display:block;background-color:#000;overflow:hidden;max-width:100%;margin:0 auto;” playbutton=”https://www.tvcnews.tv/wp-content/plugins/wonderplugin-video-embed/engine/playvideo-64-64-0.png”]
Nigeria does not have the level of sufficiency that we need for a time like this.
He stated that though oil marketers have been complaining that the price is not cost reflective, as they want the price to be jacked up.
Mr Otitoju stated that the sector needs to deregulated in order for the country to have peace.
” The situation in which prices are fixed and some stakeholders continue to sell about the X depo price is not desirable for anyone.
” If people find it difficult to make money under the present pricing regime, then you would expect that they will cut all kinds of corners so that they can make money.
“The price volatility in the sector is the worst that i have ever seen.
“Most of the major marketers are at the urban centers but they can’t have the kind of penetration that the independent marketers have. The independent marketers have more filling stations, as such they are the ones to be pleased the most along the value chain because they service a lot of our people.
“The oil marketers are saying that the daughter vessel, which is used to take product from the high seas, that the cost of renting it went up by more than 130 17%, the question is who bears that extra cost? that was not there at the time when NNPC agreed to jack up the pump price.
Going further, Mr Otitoju said some fresh costs coupled with inflation, with the fact that marketers have difficulty in accessing foreign exchange have inexorably pushed the cost of the product.
What the oil marketers, according to him have resorted to do is to create artificial scarcity forcing Nigerians to purchase the product.
“You can only hoard when there is a scarcity of resources.” When there is plenty, everyone wants to dispense, but when there is a bit of supplies dwindling, you can see them wanting to take advantage of the situation. The DSS is frustrated with such persons and has issued a warning to them.
He stated that the Department of Petroleum Resources, DPR, is meant to be in charge of supervising oil marketers but lacks the necessary personnel and enforcement officials.
Speaking further, Ibinabo Dixon, a journalist, stated that the way things are done in the country sometimes gives the impression that we lack regulators.
The DPR which is now called the Nigerian Upstream Petroleum Regulatory Commission is supposed to ensure that such things are not supposed to happen because this is their area.
Mr Otitoju further said Economic sabotage is a big issue, even when the people have the product but preferring to punish the rest of us for no real reason.
Petrol is a security product. Petrol scarcity can push people to violence, especially at a time like this.
The Department of State Services DSS has waded into the ongoing fuel crisis currently facing the country and has given both the NNPCL and oil marketers 48 hours to resolve the supply issues.
Spokesman of the agency, Peter Afunaya, at a briefing in Abuja, hinted at economic sabotage and threatened to go after those impeding the supply of petroleum products since the NNPC had given assurances of sufficiency of the products.
Veteran journalist, Babajide Kolade-Otitoju in his reaction on journalists’ Hangout said the action of the NNPC and oil marketers is a willful one and lack of foresight.
[wonderplugin_video iframe=”https://youtu.be/aTtRv1WnRO0″ lightbox=0 lightboxsize=1 lightboxwidth=960 lightboxheight=540 autoopen=0 autoopendelay=0 autoclose=0 lightboxtitle=”” lightboxgroup=”” lightboxshownavigation=0 showimage=”” lightboxoptions=”” videowidth=600 videoheight=400 keepaspectratio=1 autoplay=0 loop=0 videocss=”position:relative;display:block;background-color:#000;overflow:hidden;max-width:100%;margin:0 auto;” playbutton=”https://www.tvcnews.tv/wp-content/plugins/wonderplugin-video-embed/engine/playvideo-64-64-0.png”]
Nigeria does not have the level of sufficiency that we need for a time like this.
He stated that though oil marketers have been complaining that the price is not cost reflective, as they want the price to be jacked up.
Mr Otitoju stated that the sector needs to deregulated in order for the country to have peace.
” The situation in which prices are fixed and some stakeholders continue to sell about the X depo price is not desirable for anyone.
” If people find it difficult to make money under the present pricing regime, then you would expect that they will cut all kinds of corners so that they can make money.
“The price volatility in the sector is the worst that i have ever seen.
“Most of the major marketers are at the urban centers but they can’t have the kind of penetration that the independent marketers have. The independent marketers have more filling stations, as such they are the ones to be pleased the most along the value chain because they service a lot of our people.
“The oil marketers are saying that the daughter vessel, which is used to take product from the high seas, that the cost of renting it went up by more than 130 17%, the question is who bears that extra cost? that was not there at the time when NNPC agreed to jack up the pump price.
Going further, Mr Otitoju said some fresh costs coupled with inflation, with the fact that marketers have difficulty in accessing foreign exchange have inexorably pushed the cost of the product.
What the oil marketers, according to him have resorted to do is to create artificial scarcity forcing Nigerians to purchase the product.
“You can only hoard when there is a scarcity of resources.” When there is plenty, everyone wants to dispense, but when there is a bit of supplies dwindling, you can see them wanting to take advantage of the situation. The DSS is frustrated with such persons and has issued a warning to them.
He stated that the Department of Petroleum Resources, DPR, is meant to be in charge of supervising oil marketers but lacks the necessary personnel and enforcement officials.
Speaking further, Ibinabo Dixon, a journalist, stated that the way things are done in the country sometimes gives the impression that we lack regulators.
The DPR which is now called the Nigerian Upstream Petroleum Regulatory Commission is supposed to ensure that such things are not supposed to happen because this is their area.
Mr Otitoju further said Economic sabotage is a big issue, even when the people have the product but preferring to punish the rest of us for no real reason.
Petrol is a security product. Petrol scarcity can push people to violence, especially at a time like this.
The Department of State Services DSS has waded into the ongoing fuel crisis currently facing the country and has given both the NNPCL and oil marketers 48 hours to resolve the supply issues.
Spokesman of the agency, Peter Afunaya, at a briefing in Abuja, hinted at economic sabotage and threatened to go after those impeding the supply of petroleum products since the NNPC had given assurances of sufficiency of the products.
Veteran journalist, Babajide Kolade-Otitoju in his reaction on journalists’ Hangout said the action of the NNPC and oil marketers is a willful one and lack of foresight.
[wonderplugin_video iframe=”https://youtu.be/aTtRv1WnRO0″ lightbox=0 lightboxsize=1 lightboxwidth=960 lightboxheight=540 autoopen=0 autoopendelay=0 autoclose=0 lightboxtitle=”” lightboxgroup=”” lightboxshownavigation=0 showimage=”” lightboxoptions=”” videowidth=600 videoheight=400 keepaspectratio=1 autoplay=0 loop=0 videocss=”position:relative;display:block;background-color:#000;overflow:hidden;max-width:100%;margin:0 auto;” playbutton=”https://www.tvcnews.tv/wp-content/plugins/wonderplugin-video-embed/engine/playvideo-64-64-0.png”]
Nigeria does not have the level of sufficiency that we need for a time like this.
He stated that though oil marketers have been complaining that the price is not cost reflective, as they want the price to be jacked up.
Mr Otitoju stated that the sector needs to deregulated in order for the country to have peace.
” The situation in which prices are fixed and some stakeholders continue to sell about the X depo price is not desirable for anyone.
” If people find it difficult to make money under the present pricing regime, then you would expect that they will cut all kinds of corners so that they can make money.
“The price volatility in the sector is the worst that i have ever seen.
“Most of the major marketers are at the urban centers but they can’t have the kind of penetration that the independent marketers have. The independent marketers have more filling stations, as such they are the ones to be pleased the most along the value chain because they service a lot of our people.
“The oil marketers are saying that the daughter vessel, which is used to take product from the high seas, that the cost of renting it went up by more than 130 17%, the question is who bears that extra cost? that was not there at the time when NNPC agreed to jack up the pump price.
Going further, Mr Otitoju said some fresh costs coupled with inflation, with the fact that marketers have difficulty in accessing foreign exchange have inexorably pushed the cost of the product.
What the oil marketers, according to him have resorted to do is to create artificial scarcity forcing Nigerians to purchase the product.
“You can only hoard when there is a scarcity of resources.” When there is plenty, everyone wants to dispense, but when there is a bit of supplies dwindling, you can see them wanting to take advantage of the situation. The DSS is frustrated with such persons and has issued a warning to them.
He stated that the Department of Petroleum Resources, DPR, is meant to be in charge of supervising oil marketers but lacks the necessary personnel and enforcement officials.
Speaking further, Ibinabo Dixon, a journalist, stated that the way things are done in the country sometimes gives the impression that we lack regulators.
The DPR which is now called the Nigerian Upstream Petroleum Regulatory Commission is supposed to ensure that such things are not supposed to happen because this is their area.
Mr Otitoju further said Economic sabotage is a big issue, even when the people have the product but preferring to punish the rest of us for no real reason.
Petrol is a security product. Petrol scarcity can push people to violence, especially at a time like this.
The Department of State Services DSS has waded into the ongoing fuel crisis currently facing the country and has given both the NNPCL and oil marketers 48 hours to resolve the supply issues.
Spokesman of the agency, Peter Afunaya, at a briefing in Abuja, hinted at economic sabotage and threatened to go after those impeding the supply of petroleum products since the NNPC had given assurances of sufficiency of the products.
Veteran journalist, Babajide Kolade-Otitoju in his reaction on journalists’ Hangout said the action of the NNPC and oil marketers is a willful one and lack of foresight.
[wonderplugin_video iframe=”https://youtu.be/aTtRv1WnRO0″ lightbox=0 lightboxsize=1 lightboxwidth=960 lightboxheight=540 autoopen=0 autoopendelay=0 autoclose=0 lightboxtitle=”” lightboxgroup=”” lightboxshownavigation=0 showimage=”” lightboxoptions=”” videowidth=600 videoheight=400 keepaspectratio=1 autoplay=0 loop=0 videocss=”position:relative;display:block;background-color:#000;overflow:hidden;max-width:100%;margin:0 auto;” playbutton=”https://www.tvcnews.tv/wp-content/plugins/wonderplugin-video-embed/engine/playvideo-64-64-0.png”]
Nigeria does not have the level of sufficiency that we need for a time like this.
He stated that though oil marketers have been complaining that the price is not cost reflective, as they want the price to be jacked up.
Mr Otitoju stated that the sector needs to deregulated in order for the country to have peace.
” The situation in which prices are fixed and some stakeholders continue to sell about the X depo price is not desirable for anyone.
” If people find it difficult to make money under the present pricing regime, then you would expect that they will cut all kinds of corners so that they can make money.
“The price volatility in the sector is the worst that i have ever seen.
“Most of the major marketers are at the urban centers but they can’t have the kind of penetration that the independent marketers have. The independent marketers have more filling stations, as such they are the ones to be pleased the most along the value chain because they service a lot of our people.
“The oil marketers are saying that the daughter vessel, which is used to take product from the high seas, that the cost of renting it went up by more than 130 17%, the question is who bears that extra cost? that was not there at the time when NNPC agreed to jack up the pump price.
Going further, Mr Otitoju said some fresh costs coupled with inflation, with the fact that marketers have difficulty in accessing foreign exchange have inexorably pushed the cost of the product.
What the oil marketers, according to him have resorted to do is to create artificial scarcity forcing Nigerians to purchase the product.
“You can only hoard when there is a scarcity of resources.” When there is plenty, everyone wants to dispense, but when there is a bit of supplies dwindling, you can see them wanting to take advantage of the situation. The DSS is frustrated with such persons and has issued a warning to them.
He stated that the Department of Petroleum Resources, DPR, is meant to be in charge of supervising oil marketers but lacks the necessary personnel and enforcement officials.
Speaking further, Ibinabo Dixon, a journalist, stated that the way things are done in the country sometimes gives the impression that we lack regulators.
The DPR which is now called the Nigerian Upstream Petroleum Regulatory Commission is supposed to ensure that such things are not supposed to happen because this is their area.
Mr Otitoju further said Economic sabotage is a big issue, even when the people have the product but preferring to punish the rest of us for no real reason.
Petrol is a security product. Petrol scarcity can push people to violence, especially at a time like this.
The Department of State Services DSS has waded into the ongoing fuel crisis currently facing the country and has given both the NNPCL and oil marketers 48 hours to resolve the supply issues.
Spokesman of the agency, Peter Afunaya, at a briefing in Abuja, hinted at economic sabotage and threatened to go after those impeding the supply of petroleum products since the NNPC had given assurances of sufficiency of the products.
Veteran journalist, Babajide Kolade-Otitoju in his reaction on journalists’ Hangout said the action of the NNPC and oil marketers is a willful one and lack of foresight.
[wonderplugin_video iframe=”https://youtu.be/aTtRv1WnRO0″ lightbox=0 lightboxsize=1 lightboxwidth=960 lightboxheight=540 autoopen=0 autoopendelay=0 autoclose=0 lightboxtitle=”” lightboxgroup=”” lightboxshownavigation=0 showimage=”” lightboxoptions=”” videowidth=600 videoheight=400 keepaspectratio=1 autoplay=0 loop=0 videocss=”position:relative;display:block;background-color:#000;overflow:hidden;max-width:100%;margin:0 auto;” playbutton=”https://www.tvcnews.tv/wp-content/plugins/wonderplugin-video-embed/engine/playvideo-64-64-0.png”]
Nigeria does not have the level of sufficiency that we need for a time like this.
He stated that though oil marketers have been complaining that the price is not cost reflective, as they want the price to be jacked up.
Mr Otitoju stated that the sector needs to deregulated in order for the country to have peace.
” The situation in which prices are fixed and some stakeholders continue to sell about the X depo price is not desirable for anyone.
” If people find it difficult to make money under the present pricing regime, then you would expect that they will cut all kinds of corners so that they can make money.
“The price volatility in the sector is the worst that i have ever seen.
“Most of the major marketers are at the urban centers but they can’t have the kind of penetration that the independent marketers have. The independent marketers have more filling stations, as such they are the ones to be pleased the most along the value chain because they service a lot of our people.
“The oil marketers are saying that the daughter vessel, which is used to take product from the high seas, that the cost of renting it went up by more than 130 17%, the question is who bears that extra cost? that was not there at the time when NNPC agreed to jack up the pump price.
Going further, Mr Otitoju said some fresh costs coupled with inflation, with the fact that marketers have difficulty in accessing foreign exchange have inexorably pushed the cost of the product.
What the oil marketers, according to him have resorted to do is to create artificial scarcity forcing Nigerians to purchase the product.
“You can only hoard when there is a scarcity of resources.” When there is plenty, everyone wants to dispense, but when there is a bit of supplies dwindling, you can see them wanting to take advantage of the situation. The DSS is frustrated with such persons and has issued a warning to them.
He stated that the Department of Petroleum Resources, DPR, is meant to be in charge of supervising oil marketers but lacks the necessary personnel and enforcement officials.
Speaking further, Ibinabo Dixon, a journalist, stated that the way things are done in the country sometimes gives the impression that we lack regulators.
The DPR which is now called the Nigerian Upstream Petroleum Regulatory Commission is supposed to ensure that such things are not supposed to happen because this is their area.
Mr Otitoju further said Economic sabotage is a big issue, even when the people have the product but preferring to punish the rest of us for no real reason.
Petrol is a security product. Petrol scarcity can push people to violence, especially at a time like this.
The Department of State Services DSS has waded into the ongoing fuel crisis currently facing the country and has given both the NNPCL and oil marketers 48 hours to resolve the supply issues.
Spokesman of the agency, Peter Afunaya, at a briefing in Abuja, hinted at economic sabotage and threatened to go after those impeding the supply of petroleum products since the NNPC had given assurances of sufficiency of the products.
Veteran journalist, Babajide Kolade-Otitoju in his reaction on journalists’ Hangout said the action of the NNPC and oil marketers is a willful one and lack of foresight.
[wonderplugin_video iframe=”https://youtu.be/aTtRv1WnRO0″ lightbox=0 lightboxsize=1 lightboxwidth=960 lightboxheight=540 autoopen=0 autoopendelay=0 autoclose=0 lightboxtitle=”” lightboxgroup=”” lightboxshownavigation=0 showimage=”” lightboxoptions=”” videowidth=600 videoheight=400 keepaspectratio=1 autoplay=0 loop=0 videocss=”position:relative;display:block;background-color:#000;overflow:hidden;max-width:100%;margin:0 auto;” playbutton=”https://www.tvcnews.tv/wp-content/plugins/wonderplugin-video-embed/engine/playvideo-64-64-0.png”]
Nigeria does not have the level of sufficiency that we need for a time like this.
He stated that though oil marketers have been complaining that the price is not cost reflective, as they want the price to be jacked up.
Mr Otitoju stated that the sector needs to deregulated in order for the country to have peace.
” The situation in which prices are fixed and some stakeholders continue to sell about the X depo price is not desirable for anyone.
” If people find it difficult to make money under the present pricing regime, then you would expect that they will cut all kinds of corners so that they can make money.
“The price volatility in the sector is the worst that i have ever seen.
“Most of the major marketers are at the urban centers but they can’t have the kind of penetration that the independent marketers have. The independent marketers have more filling stations, as such they are the ones to be pleased the most along the value chain because they service a lot of our people.
“The oil marketers are saying that the daughter vessel, which is used to take product from the high seas, that the cost of renting it went up by more than 130 17%, the question is who bears that extra cost? that was not there at the time when NNPC agreed to jack up the pump price.
Going further, Mr Otitoju said some fresh costs coupled with inflation, with the fact that marketers have difficulty in accessing foreign exchange have inexorably pushed the cost of the product.
What the oil marketers, according to him have resorted to do is to create artificial scarcity forcing Nigerians to purchase the product.
“You can only hoard when there is a scarcity of resources.” When there is plenty, everyone wants to dispense, but when there is a bit of supplies dwindling, you can see them wanting to take advantage of the situation. The DSS is frustrated with such persons and has issued a warning to them.
He stated that the Department of Petroleum Resources, DPR, is meant to be in charge of supervising oil marketers but lacks the necessary personnel and enforcement officials.
Speaking further, Ibinabo Dixon, a journalist, stated that the way things are done in the country sometimes gives the impression that we lack regulators.
The DPR which is now called the Nigerian Upstream Petroleum Regulatory Commission is supposed to ensure that such things are not supposed to happen because this is their area.
Mr Otitoju further said Economic sabotage is a big issue, even when the people have the product but preferring to punish the rest of us for no real reason.
Petrol is a security product. Petrol scarcity can push people to violence, especially at a time like this.
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