Bears: Artificial Assurance Or Scarcity?

Despite assurances from the government and its agencies that there is enough fuel being distributed around the country and citizens need not go into panic buying, the situation has continued to exacerbate. Marketers and other groups that have held the country hostage over the years for their unearned profiteering from the petroleum sector are still determined to continue as if it is business as usual and most Nigerians have desperately began to hoard fuel. Here is a sounding boo to regulatory agencies like the Department of Petroleum Resource (DPR), for failing to impose punitive sanctions on the perpetrators of the “artificial scarcity” and all those who have resorted to panic buying. We demand to know this; is it government’s assurance that is artificial or fuel scarcity?