Checks by one of our correspondents revealed that the few filling stations that sold fuel on Sunday had jacked up their various pump prices to as much as N630/litre, as black marketers that hawked the commodity in jerrycans sold theirs at about N850/litre.
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Mr Sarki Auwalu, Director, DPR, gave the warning in a statement issued on Tuesday in Lagos.
Auwalu said the warning was necessitated by the emergence of queues in retail outlets in some states of the federation.
DAILY POST gathered that Petrol black marketers on Monday resurfaced in major highways in the Federal Capital Territory (FCT), Abuja.
On the Kubwa expressway, many petrol stations such as Gegu Oil, AA Rano, Shema and NNPC petrol stations had long queues with people selling fuel outside the stations.
However, Auwalu maintained that from available records, there is product sufficiency in the country and there was no need for hoarding by any marketer.