Fuel scarcity will end next week, says Kachukwu

Hamilton Nwosa
Writer

Ad

Kebbi Violence: Ex-AGF Malami, APC Lawmakers Exchange Accusations

• Malami: "Thugs imported to destabilise Kebbi State" • Kebbi APC: "You’re lying, Kebbi is Safe." By Abiola Olawale The immediate past Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami (SAN), has accused Governor Nasir Idris of Kebbi State and his allies of plotting to import armed thugs and foreign mercenaries…

Nigeria’s 2030 Ascendancy: A Roadmap to Global Power Through Visionary Leader

By Sonny Iroche Introduction Nigeria, with its 230 million people, the largest population in Africa, and vast natural resources, stands at the threshold of transformative potential. Achieving global power status by 2030 would mean not just economic dominance (e.g., a $1 trillion GDP, up from, $450 billion today) but also military strength, technological leadership, and…

N5.7bn contract: EFCC gets order to detain Sujimoto CEO

The Economic and Financial Crimes Commission, EFCC, has secured a court order to detain the Chief Executive Officer, CEO, of Sujimoto Luxury Construction Limited, Sijibomi Ogundele, over alleged N5.7billion unexecuted contract. Ogundele is facing investigation following his alleged failure to deliver 22 Smart Green School projects in Enugu State after his company was reportedly paid…

Ad

The Ministries of Petroleum Resources, Ibe Kachikwu,Wednesday said the lingering fuel scarcity in the country would end next week.

Speaking at the State House at the end of the FEC meeting, Kachikwu said that the unhealthy development was as a result of sabotage.

Thanking Nigerians for their patience so far, Kachikwu said,“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.

“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 problem we met on ground and trying to find long term solution to it 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.

 

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp