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Forte Oil Fined N4.2m for Hoarding Petrol in Kano

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A committee set up by State governor, Abdullahi Ganduje, to prevent hoarding of petrol and selling above official rate, has fined a filling station in the state the sum of N4.2 million.

The state commissioner for ​c​ommerce, Rabiu Bako, who is the chairman of the committee, said that the station was fined for both hoarding of the product and selling above pump price at night.

Bako said the stipulated penalty for a filling station found hiding petroleum products and selling above pump price was to make it pay fine by doubling the official pump price of their existing product.

He added that at the time of the clamp down, the station had already disposed of 26,000 litres from the 34,000 litres allocated to it.

The commissioner said when they multiplied the cost of the available litres with the surcharge, they arrived at N4.2million.

Bako also disclosed that they found another filling station, A.Y. Maikifi Petroleum, filling the product into gallons for black marketers.

He said the station manager was reprimanded for under-dealing.

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Farouk Mohammed

Farouk Mohammed is a Head Editor at Okay Nigeria (Okay.ng). He has been publishing for 5 years and focused more on Local/World News on Okay.ng

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