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.
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