NNPC: Fuel Scarcity Won't Exceed Next Week - Kachikwu

The Ministries of Petroleum Resources, Ibe
Kachikwu,speaking Wednesday, on the lingering
fuel scarcity, at the State House at the end of
the FEC meeting said that the queues were
expected to completely disappear by the end of
next week.

Kachikwu said that the unhealthy development
was as a result of sabotage, he however thanked
Nigerians for their patience so far.
"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.