The Cross River State Government has given an order to all petrol stations in the state.
The governor ordered all petrol stations selling petrol at exorbitant prices to immediately revert to its official price of N165 per litre.
In the last three weeks, there has been fuel scarcity in parts of the state due to hoarding and trans-border sale in Cameroon.
The government warned that any station or marketer that refuse risk attendant sanctions, including seal up.
This was contained in a statement signed by the special adviser to the state governor on petroleum monitoring and chairman of joint task force on petroleum, Peter Okim Abang.
He said marketers and fuelling stations taking advantage of Cross Riverians are causing the government and the people more harm than good.
He said despite warnings from the Federal Government and National Union of Petroleum and Natural Gas Workers (NUPENG), tank farms and filling stations operating in the state have refused to adhere.
He noted with regrets that some are even hoarding petroleum products thereby causing artificial scarcity.
“This situation has caused untold hardship on Cross Riverians and the government cannot continue to watch as they continue to exploit the people.
“The Task Force On Petroleum Monitoring has directives from the Governor to seal all filling stations and tank farms that are selling above government price and those that are hoarding petroleum products but prefer to sell to black marketers,” he said.
Most petrol stations in the state are selling the product at N250 per litre and above, while black marketers sell at N300 per litre.