Fuel scarcity will persist till May, says Kachikwu
Written by Morenike Adebayo on March 24, 2016
The Minister of State for Petroleum, Emmanuel Ibe Kachikwu, has said that queues at petrol stations across the nation will persist till May. Kachikwu said this in an interview with State House journalists on Wednesday after he and the leaderships of Nigeria Union of the Petroleum and Natural Gas (NUPENG) and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) met with President Muhammadu Buhari.
He noted that the government is looking to see how it could get foreign exchange input to help in cushioning the crisis of petroleum supply. He further said the government’s strategy in tackling the shortfall of supply is that whatever is produced in the refineries will not go for sale but will be kept in strategic reserve to boost supply and availability of the products