Wednesday, 23 March 2016

Fuel Scarcity, Queues To End In 2 Months - FG

             
The Federal Government has announced that the current fuel scarcity will end in two months. The minister of state for petroleum resource Dr Emmanuel Ibe Kachukwu sais this while answering newsmen at the end of the emergency closed door meeting he had with the President Muhammadu Buhari  who is also the Minter of Petroleum at the state house Abuja today. Kachikwu stated that the Federal Government would ensure complete elimination of fuel scarcity and end long queues in the next two months.

Also present at the meeting are theNational president of the National Union of Petroleum and Natural Gas workers (NUPENG)  Mr Igwe Achese and his counterpart in Petroeum and natural Gas Senior  staff Association of Nigeria (PENGASSAN) Comrade Olabode Johnson. Dr Kachikwu who is also the Group Managing Director of Nigeria National Petroleum Corporation (NNPC) said the corporation would stock pile the nations reserves with all the petroleum products produced locally.
The Minister of state stated that no time frame will be given for this piling up of reserves but says over the next two months things will normalize in the ministry. He said the strategy is that whatever is produced in the refineries will not go for sale but will be kept in strategic reserve because the key problem is that there is no reserve and anytime there is a gap supply goes off. He further maintained that the corporations is going to dedicate the next couple of months to moving all the products that is produced to strategic reserve so that reserves will be piled up for use at emergency times like what we are presently experience.
Recall that the Minister of state for petroleum Ibe Kachikwu announced penultimate week that the current fuel scarcity been experienced will be over in two days. Even after over a week of making that assurance the NNPC Group Director apologized to Nigerians o bear with the Federal Government  he said the issue is giving him sleepless nights and assured that they are working on it and are committed to making the scarcity go away.



No comments:

Post a Comment