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FG expresses commitment to address fuel scarcity

Minister of State for Petroleum, Doctor Ibe Kachikwu has assured Nigerians that the Federal Government is working hard to find a lasting solution to seasonal lapses in the availability of fuel in the country.

He gave the assurance after a crucial meeting with key players in the petroleum sector, at the Presidential Villa, Abuja.

The meeting called by the Chief of Staff to the President, Abba Kyari was to look into what caused a relapse after two years of maintaining fuel supply by the present administration.

Minister of State for Petroleum, Ibe Kachikwu said the promises made by President Buhari that those found guilty of hoarding products and contributing to the hardship of Nigerians would be punished, may be hard to accomplish in the face of lack of evidence.

On their part, Oil marketers denied accusations made by the Group Managing Director of the NNPC about a deliberate plot to hoard products.

The marketers insist that they stopped importing fuel since October last year because it was not profitable for them, adding that their inability to import, led to a deficit of products in the country since NNPC alone could not meet demand.

It was agreed after deliberations that a committee would be set up to look at all sides and come up with a lasting solution.

Reported by Sharon Ajayi.



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