Fuel Subsidy: Osun Govt Warns Marketers Against Hoarding


The Osun State Government has raised alarm over the alleged deliberate hoarding of Premium Motor Spirit (PMS) in the state.

In a statement signed by the spokesperson to Governor Ademola Adeleke on Tuesday, he said the government has information that fuel dealers within the state were deliberately hoarding PMS as a result of the statement from the inauguration speech of President Bola Ahmed Tinubu on the removal of fuel subsidy.

While warning that the action would not be allowed, he added that it would further cause unnecessary hardship for the people of the state because it is inhumane and unpatriotic.

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The statement reads, “The attention of the Osun State Government has been drawn to the deliberate hoarding of PMS by the fuel dealers within the State as a result of the statement from the Inaugural Speech of the new President of the Federal Republic of Nigeria, Asiwaju Bola Ahmed Tinubu on the removal of fuel subsidy, thereby causing unnecessary hardship for the people in the State.

“This deliberate action is not only inhumane but unpatriotic and will not be allowed by the government.

“To this end, the Special Monitoring Team on fuel scarcity set up by His Excellency, Governor Ademola Nurudeen Jackson Adeleke headed by the Chief of Staff, Hon Kazeem Akinleye is still effective and shall not condone any form of economic sabotage.”

The government warned that as from Tuesday, May 30, 2023, the Committee shall begin special monitoring of all the filling stations across the state in collaboration with law enforcement agencies and other stakeholders.

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It also warned that any fuel station found guilty of hoarding fuel to create artificial scarcity shall be sealed off and operators prosecuted for the crime of economic sabotage.

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