''Bring an end to hoarding and price inflation by marketers'' Buhari tells regulators as Fuel Price risen sharply

President Muhammad Buhari has on Sunday expressed concern over lingering fuel crisis in the country.

Buhari who is also the Minister of Petroleum has been blasted for not taking action to resolved the reduce long queus being witnessed in many states of the federation.

In a statement, the president said "The fuel scarcity being experienced nationwide is regrettable. I sympathize with all Nigerians, on having to endure needless fuel queues''

Buhari explained that he has been receiving a briefing regularly  on the situation .

''I'm being regularly briefed, especially on the NNPC's interventions to ensure that there is enough petrol available during this period and beyond".

He expressed  readiness of his administration to resolve the problems in few days , pointing that supplies are being distributed across the country.

''I have the NNPC's assurance that the situation will improve significantly over the next few days, as new shipments and supplies are distributed across the country.

I have also directed the regulators to step up their surveillance and bring an end to hoarding and price inflation by marketers''

''Let me also assure that the relevant agencies will continue to provide updates on the situation. I thank you all for your patience and understanding'' Buhari added .

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