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Fuel scarcity to end next week – Kachikwu

by Thinkers
20/04/2016
2 min read
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Nigeria will still do well if oil sells at $20 – Kachikwu
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The Minister of Petroleum Resources, Ibe Kachikwu, has assured Nigerians that the lingering fuel scarcity will be fully over in the next one week.

The Minister who briefed State House correspondents after Wednesday’s Federal Executive Council meeting blamed the scarcity on the activities of saboteurs.
He however thanked Nigerians for
their patience so far.

“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
these price distortions 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.
”As at today we are delivering about 1,200 trucks, by
weekend we should be delivering same number of trucks,
it will take a bit of days to even out but you can see
improvement already. I hope by the end of next week with
the refineries helping us to stay on course, every part of
the country will get fuel.
”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 problems we met on ground and
trying to find long term solutions to them 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”, he said

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