We have no reason to sanction fuel marketers for hoarding - Kachikwu

- The federal government say it will not sanction fuel marketers over ongoing scarcity- According to minister of State for Petroleum Resources, Ibe Kachikwu, there is no evidence that marketers are hoarding petroleum products- Fuel marketers on their part insisted that they could no longer import and sell Premium Motor Spirit, popularly known as petrol, at the controlledprice of N145 per litreDr Ibe Kachikwu, minister of State for PetroleumResources, has absolved fuel marketers of any misdeeds in the ongoing fuel scarcity in the country.He said that there is no evidence that marketers are hoarding petroleum products and as such, there is no reason to punish them.Kachikwu made this known after a meeting between a federal government delegation and fuel marketers as well the heads of the Department of State Services and the Nigeria Immigration Service, and representatives of other paramilitary services.The FG delegation was led by the Chief of Staff to the president, Abba Kyari.The meeting was held at the Old Banquet Hall of the Presidential Villa, Abuja.The minister said the meeting was meant to find a lasting solution to the problem of fuel scarcity and ensure that it does not recur as directed by President Muhammadu Buhari, READ ALSO:Meet Fatai Adebayo, the alleged herbalist working for notorious Badoo gang as police release photos“This is a major concern that Nigerians should notbe made to suffer, that Nigerians do not get through the kind of thing they went through this December.“We want to find a lasting solution and that is what the committee will come out with in the resolutions tomorrow (Wednesday).”Going further, he disclosed that there was no evidence to punish any marketer for hoarding Premium Motor Spirit, popularly called petrol.“The thing is even the Nigerians, who have suffered, will want to be sure that we find a lasting solution and find evidential basis upon which to punish people.“This is a democratic government. I don’t have one (evidence) yet; if you have one, I will like to have it.”However, fuel marketers insisted that they could no longer import and sell Premium Motor Spirit, popularly known as petrol, at the controlled price of N145 per litre.Other members of the Kachikwu committee are the Group Managing Director, NNPC, Maikanti Baru, most parastatals under the ministry, IPMAN, DAPMAN and labour unions, among others.Meanwhile, following the scarcity offuel, marketers on Tuesday, January 2, insisted that they could no longer import Premium Motor Spirit (PMS)popularly known as petrol at a control priceof N145 per litre.