Wednesday, 6 April 2016

Kachikwu: Fuel Scarcity Ends Today In Abuja, Lagos

The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, said that fuel scarcity will end today in Abuja and Lagos. The minister made this known, during a town hall meeting with workers
of the Petroleum Products Pricing and Regulatory Agency (PPPRA) in Abuja, that the reprieve would be for Abuja and Lagos in the first instance, while the rest of the country, especially Port Harcourt,
Warri, Sokoto and Kano, would begin to experience relief by the weekend.The minister also said that on the long term, the government’s choice to privatise the country’s downstream petroleum sector would be the surest solution to the perennial challenges of products scarcity.“Hopefully by today 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, Port Harcourt and Warri get off this state,” Kachikwu said. He added that such option that privatising the sector provides would be productive without necessarily having prices of products go up.According to him, the country would have to find a sustainable way to keep her downstream sector working efficiently to avoid recurrent scarcity of products.

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