Fuel subsidy: You are wicked for swift price hike - Diri tells marketers

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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,

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.

DAILY POST, 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. 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.”

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.

Source: Car News Wire (carnewswire.net)

 

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