PENGASSAN Reveals Those Hoarding Fuel

The Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, has said that the scarcity of Premium Motor Spirit, popularly known as petrol, is mainly because of its hoarding and diversion by oil marketers.

According to PENGASSAN, these marketers were pushing for an increase in the price of the commodity.

It accused the dealers under the aegis of the Major Oil Marketers Association of Nigeria, Depot and Petroleum Products Marketers Association, as well as the Independent Petroleum Marketers Association of Nigeria of being involved in the hoarding and diversion of the product.

Scarcity of petrol worsened across the country on Friday due to the development.

The National President of PENGASSAN, Francis Johnson, said it was wrong to attribute the scarcity being witnessed in the country to the recent threat by the association to embark on a strike.

He stressed that PENGASSAN would not support such a move being made by the marketers.

He said, “And let me say it here that the oil marketers are complaining, they’ve been looking for ways to increase fuel price.

“But the labour unions, Trade Union Congress, Nigeria Labour Congress, Nigeria Union of Petroleum and Natural Gas Workers and PENGASSAN are the ones who still fight and say to the marketers that they can’t do that.

“All of the marketers, IPMAN, DAPPMA, MOMAN, etc, have been agitating for petrol price increase.

“They give you so many reasons, they say dollar is not accessible, they say this, they say that, but we tell them ‘no’, you can’t do that.

“And so subtle hoarding begins to take place, they start looking for ways to force the government to increase price . That is the game.”

Stressing that PENGASSAN had nothing to do with the fuel scarcity, Johnson said, “left to the marketers, PMS will be selling at N500 per litre because they are there to make profits.

“They say they don’t have access to crude oil, they lack access to dollars and that it is only the NNPC that is importing.

“We said go and import, but they said if they must do that, fuel should be increased to N170 per litre.”

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