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Saturday 6 June 2015

FG, Marketers Decide To End Fuel Scarcity Next Week

Amid reports that the Federal Government will today meet with Petroleum Marketers on the on-going fuel scarcity crisis, a decision has been made.
According to The Punch, the Federal Government and petrol marketers on Friday agreed to put an end to Nigeria’s fuel scarcity problems before the close of business next week Saturday.
In the meeting which was well attended by stakeholders in the sector, Nigerians can perhaps breathe a sigh of relief as the scarcity of petroleum products will no longer occur as from next week.
Reading out the resolution reached after the meeting which lasted for several hours at the headquarters of the petroleum ministry, the permanent secretary, Mr. Taiye Haruna, said it was agreed that the PPMC, as well as marketers, should increase the level of product supply across the country.
Fuel scarcity hits Nigeria’s economy hard.
“We have also agreed that efforts be made to clear these long queues before the end of June 13, 2015, that is next week”, he said.
All top officials from the Major Oil Marketers Association of Nigeria, Independent Petroleum Marketers Association of Nigeria, Depot and Petroleum Products Marketers Association of Nigeria, Pipelines and Product Marketing Company, and the Nigerian National Petroleum Corporation were present at the meeting.
The ongoing fuel scarcity is one of the worst to hit Nigeria in recent years as Nigerians are left queuing at petrol stations for hours all to no avail in most cases.

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