 The federal government has blamed the high cost of petroleum product in some parts of the country on marketers who now engage in profiteering. Minister of State for Petroleum Resources, Timmy Preseuver, disclosed this to the State House correspondence after the Federal Executive Council meeting presided over by the President at the chambers today. The minister said petroleum product and not in short supply, but the challenge he noted is the distribution of the product. A problem he said the government is working to resolve in a question and answer session. The minister noted that the Nigerian National Petroleum Company Limited has agreed to work with the Independent National Electoral Commission to ensure adequate provision of the product during the exercise. Ministry of Petroleum is not in control of all the factors that lead to scarcity in the sense that there are forex issues as well and other issues. But at the moment today, there is supply, but unfortunately the distribution and movement of the product to various destinations is now experiencing some bottlenecks. We have reports of profiteering by marketers and I have directed NMDPR way to sanction anybody who profiteers on this kind of situation. We cannot stand by and watch our citizens being exploited by marketers.