Anambra State Government has warned petroleum products marketers against hiking the prices of their products following President Bola Tinubu’s pronouncement on fuel subsidy removal.
Speaking in Awka, the commissioner for Petroleum and Mineral Resources, Barrister Tony Ifeanya, made clear that the ministry will not hesitate to sanction any petrol station that violates government directive.
Barrister Ifeanya said no petrol station in the state has any reason or justification to hike the prices of the products since the federal government is yet to commence the removal of the fuel subsidy which he explained is still going to be a process and through a procedure that would require round-table dialogue of stakeholders.
He also noted that the petrol stations are still selling old stock purchased at normal prices from the depot and were no way affected adversely by the president’s pronouncement to increase the price of the product to between six and seven hundred naira.
