Niger Govt moves to tackle arbitrary pricing, scarcity of PMS

Niger State Governor, Alhaji Abubakar Sani Bello has directed the constitution of a Committee to monitor the artificial scarcity of Premium Motor Spirit (PMS) and its arbitrary pricing across the State.
The constitution of the Committee by the Government followed the persistent fuel scarcity being witnessed in the State as a result of the arbitrary pricing and hoarding of the product.
A statement issued by the Secretary to the State Government (SSG), Ahmed Ibrahim Matane revealed that the Committee is to ensure strict compliance with the approved allocation to filling stations in the state and retail prices for PMS.
The SSG explained that the residents of the state grappled the difficulties occasioned by the artificial scarcity and arbitrary pricing of PMS, hence the need for Government to take drastic position with a view to ameliorating the situation.
The State Government therefore vowed to deal decisively or sanction any filling station not dispensing its allocation and selling above the stipulated approved pump prices of petroleum products in the State.
Ahmed Matane revealed that members of the Committee were drawn from the Independent Petroleum Marketers Association of Nigeria (IPMAN), Security Agencies and Government Officials.

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