ERB, CCPC caution against hoarding of fuel
Published On March 30, 2022 » 1474 Views» By Times Reporter » HOME SLIDE SHOW, SHOWCASE
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By FRANCINA CHOMBA –
THE Energy Regulation Board (ERB) and the Competition and Consumer Protection Commission (CCPC) have cautioned Oil Marketing Companies (OMCs) and retailers of petroleum products against hoarding of petroleum products in anticipation of high fuel price adjustments.
Speaking on behalf of the two institutions, CCPC public relations officer Rainford Mutabi said such practices were in breach of licence conditions spelt out in the licence to retail petroleum products as provided in the Energy Regulation Act.

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