Forte Oil filling station in kano state have been fined the sum of N4.2million by a committee set up by Kano State governor, Abdullahi Ganduje, to prevent hoarding of petrol and selling above official rate.
The state commissioner for commerce, Rabiu Bako, who is the chairman of the committee, told correspondent by phone that the station was fined for both hoarding of the product and selling above pump price at night.
Mr. Bako said the stipulated penalty for a filling station found hiding petroleum products and selling above pump price was to make it pay fine by doubling the official pump price of their existing product.
He added that at the time of the clamp down, the station had already disposed of 26,000 litres from the 34,000 litres allocated to it.
The commissioner said when they multiplied the cost of the available litres with the surcharge, they arrived at N4.2million.