Ajirioghene Imah

The Edo State Government has sent stringent warnings to petrol dealers against hoarding of petroleum products, in a bid to create scarcity and hiking off prices of the products in the State.

This was revealed in a statement by the Chief of Staff to the Governor, Osaigbovo Iyoha.

According to him, any petrol station caught hoarding products would lead to revocation of its landed property.

The statement reads, “The attention of Edo State Government has been drawn to the unscrupulous attempt by petrol dealers in the state to hoard fuel and create artificial scarcity and price hike.

“As a responsible government that cares for her citizens, we shall resist this economic sabotage by every legal means possible.

“To this end, all petrol stations are ordered to immediately resume sales of the products to Edo people or risk immediate closure, and possible revocation of their property to enable others who want to do legitimate and respectful business in Edo State come and invest,” He said.

Iyoha noted that the government cannot continue to allow extortion of people in the State for whatever guise, warning that “a word is enough for the wise.”