Energy and Power Development Minister Advocate Fortune Chasi has warned fuel players to be cautious in their dealings as their actions shall be considered when their licenses become due for renewal in six months.
Chasi claims that some dealers are withholding fuel thereby exacerbating the crisis. The minister, since his appointment, promised to deal with the crisis. He has already claimed that the crisis goes beyond the scarcity of foreign currency as there are errant fuel moguls.
He further noted that whereas ZERA is responsible for regulating competition in the sector, prices remain unchanged at least until next week Thursday when the Ministry is meeting energy players to discuss prices.
The minister also indicated that the ministry has already submitted draft measures against errant fuel retailers to the Attorney General for streamlining.
More details to follow, keep refreshing this page.
More: 263Chat