Energy

Holiday Season: NMDPRA Warns Against Fuel Hoarding, Panic Buying

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By Onyeanya Ebere Immaculata

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has cautioned residents of Osun State against panic buying and storing petrol at home ahead of the Christmas season.

The agency also warned marketers against hoarding, diversion, and other sharp practices.

NMDPRA Osun Coordinator, Kunle Adeyemo, gave the warning on Thursday in Osogbo, assuring the public of adequate fuel supply throughout the festive period.

Adeyemo described storing petrol at home as a serious fire risk and said the authority has intensified surveillance of filling stations to enforce safety, quality, and quantity standards.

He warned that any marketer caught hoarding products, adjusting pumps, adulterating fuel, or engaging in unsafe practices would be sanctioned.

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