JUST IN: Fuel queues caused by logistics challenges - Kachikwu
Business & Economy section is provided to you by Jiji.ng — #1 Nigerian online marketplace
Visit website

JUST IN: Fuel queues caused by logistics challenges - Kachikwu

- The ministry of petroleum resources has given an explanation for the return of fuel queues at some filling stations in the country

- The ministry's boss, Ibe Kachikwu, has said that the situation is caused by some difficulties in logistics

- However, he said that the public should ignore pervasive and misleading rumours about fuel scarcity

Ibe Kachikwu, the minister of state, petroleum resources, says the queues at filling stations is as a result of logistics challenges and has nothing to do with petrol scarcity.

Speaking with journalists on Monday, April 15, in Lagos, Kachikwu urged the public to ignore rumours of planned upward review of pump price of petrol, the News Agency of Nigeria (NAN) reports.

READ ALSO: NAIJ.com upgrades to Legit.ng: a letter from our Editor-in-Chief Bayo Olupohunda

The minister spoke with newsmen at the opening of the second edition of the Annual International Conference and Exhibition of the Oil and Gas Trainers Association (OGTAN).

He said there was no discussion within government circle about petrol price review and wondered how the rumours became pervasive.

“I took time to go round some stations in Lagos and I discovered that the queues which resurfaced has disappeared and let me tell you the issue of petrol pricing is a sensitive thing.

“You can see how the oil unions quickly reacted to the rumour and again the government is sensitive and engages stakeholders in every decision or policy it makes.

“Therefore, this spontaneous reaction and resurfacing of queues, despite assurances by the Nigerian National Petroleum Corporation (NNPC), is worrisome,” Kachikwu said.

He expressed confidence in the management of the NNPC and its capabilities to maintain and meet the supply needs of the country, adding that the logistics gap which prompted the unnecessary panic had been resolved.

Saying that no system is perfect, Kachikwu said: “Sometimes you have some of these things happen but as a responsive and responsible government alternative arrangements are always in place such that any gap is taken care of not to allow the situation to escalate.”

Roland Ewubare, chief executive, National Petroleum Investment Management Services (NAPIMS), who represented NNPC group managing director, Maikanti Baru, said about 15 vessels laden with products had arrived the country.

PAY ATTENTION: Get the Latest Nigerian News Anywhere 24/7. Spend less on the Internet!

Baru said that the vessels had discharge challenges, especially at Warri port, but the situation had been resolved.

He said that even with the challenges, the NNPC has about 1 billion liters of petrol which is equivalent of above 28 days supply, assuring that the nation will not experience scarcity of any sort.

Earlier, Legit.ng reported that despite assurances of availability of Premium Motor Spirit by federal government, many petrol stations in Osun were not selling the product.

Many of the petrol stations were under lock and key. Meanwhile, the few petrol stations selling the product had long queues of vehicles.

NAIJ.com (naija.ng) -> Legit.ng: Same great journalism, upgraded for better service!

Nigerians are in a spiritual borehole| Legit TV

Source: Legit

Mailfire view pixel