Frantic efforts to restore normalcy in the supply of Premium Motor Spirit (PMS) has seen the Minister of State, Petroleum Resources, Timipre Sylva undertake an inspection tour of the facilities of some filling stations in Abuja.

Sylva told the media during the weekend that he was complying with a directive of President Muhammadu Buhari that normalcy in the supply of petrol is restored nationwide without delay.

He described self-regulation, which has seen many marketers selling above approved price, in several parts of the country as a regulatory issue, within the purview of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, which should attract sanctions.

It is reported that several filling stations have been selling petrol at different prices per litre in different states.

The scarcity of petrol has also been fueling the infamous black market, where people make brisk business of buying and selling the product in kegs with the rate oscillating between four hundred to seven hundred naira per litre depending on the location or bargaining power.

The Minister admitted that the Federal Government was abreast of the situation and would tackle the matter.

He assured that he would see to it that all issue fueling these problems was resolved.

February 10, 2023

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