Fuel scarcity may end soon as FG, marketers reach agreement

The fuel scarcity crisis may finally have a solution as the Federal Government and petrol marketers have agreed to end Nigeria’s fuel scarcity problem before or by next week Saturday.

A meeting was attended on Friday, June 5, by stakeholders from the Major Oil Marketers Association of Nigeria (MOMAN), 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.

Others were heads from the Department of Petroleum Resources, Petroleum Products Pricing Regulatory Agency, Petroleum Equalisation Fund and the Federal Ministry of Petroleum Resources.

While reading out the resolution reached after the meeting which lasted for several hours at the headquarters of the petroleum ministry, the Permanent Secretary, Taiye Haruna, said it was agreed that the PPMC, as well as marketers, should increase the level of product supply across the country.

“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.

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