Fuel Crisis to End Next Week- Minister
Category: Nigerian National News
Minister of State for Petroleum Resources, Ibe Kachikwu, says the fuel
crisis being experienced in the country will end by next week. Kachikwu
said this while speaking to state house correspondents after the
Federal Executive Council meeting yesterday April 20th. He blamed the
scarcity on saboteurs.
Also See: Fuel Scarcity: Capital Oil Commences 24 Hours Loading, Promises to End Fuel Queues in The Next Few Days
"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 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 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 fuels" he said
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