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Contracts Of 25 OMCs Terminated Over Premix Diversion

By CitifmOnline.com
Headlines Contracts Of 25 OMCs Terminated Over Premix Diversion
JAN 18, 2018 LISTEN

The Ministry for Fisheries and Aquaculture Development, has terminated its contract with some Oil Marketing Companies over their involvement in the diversion of premix fuel across the country.

The Deputy Minister for Fisheries and Aquaculture Development, Francis Kingsley Ato Cudjoe, who confirmed this, says they have terminated the contracts of about 25 Oil Marketing Companies involved in the distribution of premix oil across the country.

According to the Ministry, the companies were found guilty of diversion hence the decision to stop them from distributing the product.

The move follows Citi News’ reports of over 200 cases of premix fuel diversions in the country since January 2017, resulting in shortage that highlighted the inefficiencies in the regulation of the petroleum sector.

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