Breakdown On How Scarcity Will End – Petroleum Minister

 

The minister of state for petroleum resources, Dr. Ibe Kachikwu has assured Nigerians that fuel scarcity will today (Wednesday) through Thursday, April 7, end in the country’s political and commercial hub, Abuja and Lagos.

The Punch reports that the minister gave the assurance on April 5, at a town hall meeting with workers of the Petroleum Products Pricing and Regulatory Agency (PPPRA) in Abuja.

Kachikwu, who noted that while he expects an end to scarcity in both cities from today, other states in the country like Port Harcourt, Warri, Sokoto and Kano, would start experiencing improvement in petroleum supply by the weekend. The minister reiterated that the government’s decision to privatise the country’s downstream petroleum sector remains the best way to solve the consistent challenges of fuel scarcity.

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“Today we have the whole fuel queues and it is a complete nightmare for me. It is being a lot of work but the reality is that I hurt more like every Nigerian who is at the filling station, I am very emotional about my job and the things that I do. “There isn’t sufficient reason why Nigerians should suffer this much, we just need to take the right policies as difficult as it comes, we need to take the right policies to ensure that we do not have this recurrence of fuel scarcity, it’s been with us historically, but I don’t want that to define my legacy in the petroleum industry.

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“Hopefully by tomorrow through Thursday the fuel queues in Abuja should be over, hopefully the same thing will happen to Lagos and thereafter, by the weekend, we should see Kano, Katsina, Sokoto and Port Harcourt and Warri get off this state,” Kachikwu said.

However, the hardship the fuel scarcity has brought upon Nigerians is enormous as the product is sold in some filling stations across Lagos for as high as N200 per litre, while black marketers currently sell for N300 per litter. Also in Edo state on Sunday, April 3, fuel was sold for between N230 and N250 per litre in some filling stations in Benin city.