Thursday, 21 April 2016

Fuel Scarcity Ends Next Week – FG

The Federal government has disclosed that the lingering fuel crisis which has crippled socio-economic activities in the country will end next week.
 Speaking to State House Correspondents after the Federal Executive Council Meeting presided over by President Muhammadu Buhari, The Minister of Petroleum Resources, Ibe Kachikwu, said
that the queues were expected to completely disappear by the end of next week.
 According to the Minister, Kachikwu the scarcity was as a result of sabotage, while thanking  Nigerians for their patience so far.
Kachikwu also said the NNPC is delivering about 1,200 trucks daily and by next week hopefully every part of the country will get fuel. 

His words The queues are as a result of sabotage. Some people rather than sell products send them into interlands where they can sell at ridiculous prices and so you are having this price distortion where people are making a lot of money, some are internal and some are external but a lot of it is marketers trying to make quick returns on their investments wrongly.

We have asked DPR to deploy officials to ensure products are sold at the right price because is only through price stabilization that these system queues will disappear.

He added that “As at today we are delivering about 1,200 trucks, by weekend we should be delivering same number of trucks, I hope by the end of next week with the refineries helping us to stay on course, every part of the country will get fuels.

We thank President, NNPC staff and ministries who work night and day to enforce discipline.

We thank Nigerians for their unbelievable level of patience, we are solving problem we met on ground and trying to find long term solution to it and urge Nigerians to report sabotage, where people are selling product on higher price because we all need to work collectively to make this thing go for good.

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