Fuel Scarcity to End Next Week – Kachikwu
The Minister of State for Petroleum Resources, Ibe Kachikwu, on Wednesday said the fuel scarcity plaguing the country will end by next week.
The minister insisted that every part of the country will be adequately supplied with fuel by that period.
He gave the assurance while briefing State House correspondents at the end of the Federal Executive Council (FEC) meeting presided over by President Muhammadu Buhari at the Presidential Villa, Abuja.
Highlighting the challenges facing the ministry, Kachikwu declared that they are solving the problems the current administration met on ground.
He said: “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 insisted that the queues are caused by sabotage.
The minister added: “Some people rather than sell products send them into inter lands where they can sell at ridiculous prices. Therefore you are having these price distortions where people are making a lot of money.
“Some are internal and some are external, but the truth is that the marketers trying to make quick returns on their investments wrongly.”
To check the trend, Kachikwu said the Department of Petroleum Resources (DPR) has been asked to deploy officials to ensure products are sold at the right price because it is only through price stabilization that the queues will disappear.