President Hichilema Warns Fuel Companies Against Hoarding as Government Acts to Secure Supply

President Hakainde Hichilema has issued a stark warning to oil marketing companies against hoarding fuel and creating artificial shortages, calling the practice sabotage against the Zambian people.

Speaking at a high-level meeting with petroleum industry stakeholders in Lusaka, convened to address the impact of the escalating Middle East conflict on global energy markets, President Hichilema questioned why filling stations across the country continue to run dry despite Zambia holding between 30 and 60 days of fuel stocks in storage.

"Our clear priority is to minimise the impact of the conflict on our people," the President said. "We cannot accept a situation where fuel is available but withheld in anticipation of higher prices. That is sabotage, and it places an unnecessary burden on ordinary citizens."

The President said Government is taking firm steps to address distortions in the fuel supply chain, including the development of a fuel pipeline project designed to reduce transportation costs and improve long-term supply stability. He called for greater private sector participation in major infrastructure, and urged Zambia to embrace its position not as a landlocked nation, but as a land-linked one — drawing on regional routes including the Lobito Corridor and Walvis Bay.

President Hichilema also urged industry players to resolve disputes through dialogue rather than litigation, warning that prolonged court battles had historically slowed progress in both mining and energy.

Government said it would establish real-time engagement platforms between industry and officials to address challenges as they arise, with further updates to follow.