Revoke licenses of marketers hoarding petrol, PENGASSAN tells Nigerian govt

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) on Monday urged the Nigerian government to revoke the license of petroleum marketers selling above the official petroleum pump price.

The association in a statement jointly signed by its president, Festus Osifo, and secretary, Lumumba Okugbawa, said there is no sufficient justification for petrol to be sold for such a highly inflated price, thereby subjecting the masses to further difficulties.

The union said data made available from its members showed that there are over 30 days of petrol sufficiency in the country, hence there is no basis for the current scarcity and hardship that Nigerians are being subjected to.