No fewer than five petrol stations have been shut indefinitely for allegedly hoarding petrol and selling above pump price of N87 per litre.
The filling stations are Prosperous filling station, Isan-Ekiti; Iroporal filling station, Iropora-Ekiti; Ferbason filling station, Ado-Ekiti; MNPC, Ado-Ekiti and Montel filling station also in Ado-Ekiti.
The Chairman of the Ekiti State Petroleum Consumers Protection Agency, Mr. Adeyemi Adebayo, each of the stations would pay a penalty of N500,000 to serve as deterrent to others.
He vowed that the affected stations would not be re-opened until they reversed to the normal price and stopped hoarding the product.
He expressed regrets that some petrol dealers chose to be making life difficult for people at a time when government was trying to make things easy for them.
He disclosed that his men acted on a tip-off that some of the stations were selling between N100 – N120 per litre as against N87 approved price.