Home Africa Govt launches probe into oil firms over fuel hoarding, price hikes

Govt launches probe into oil firms over fuel hoarding, price hikes

Govt launches probe into oil firms over fuel hoarding, price hikes

Rédaction Africa Links 24 with Uganda Monitor
Published on 2026-04-24 16:00:00

Government has launched investigations into Oil Marketing Companies (OMCs) suspected of hoarding fuel and charging exorbitant prices, even as officials insist national stocks remain sufficient.

The move follows mounting public complaints of dry pumps, rationing, and selective selling at petrol stations across Kampala, Wakiso, and upcountry towns, contradicting repeated assurances from the Ministry of Energy that supply is normal.

“It had come to our attention that some OMCs are charging exorbitant costs of fuel and others are reported to be hoarding,” the ministry said in a…

Read the full article on Uganda Monitor

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