Thursday, February 21, 2019
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Fuel scarcity: FG releases petrol to independent marketers
The Federal Government has commenced the release of Premium Motor Spirit (PMS) known as petrol to Independent Petroleum Marketers Association of Nigeria (IPMAN).
Fuel-pumpInformation on the release is contained in a statement issued by Mr Lawson Ngoa, the Secretary, IPMAN Reconciliation Committee, on Sunday in Abuja.
It would be recalled that the Minister of State for Petroleum Resources, Dr Ibe kachikwu, constituted a 14-man committee to resolve IPMAN crisis and to ensure end to fuel scarcity in the country.
The statement quoted the committee secretary as saying the release of the product was part of efforts to settle the 7,000 pending loading tickets of IPMAN.
He stated that some marketers had confirmed that they started loading the products from some depots in Lagos as a result of the efforts of the Committee.
He noted that IPMAN controlled over 80 per cent of the petroleum products’ retail outlets in the country and that members were not getting products from the Nigerian National Petroleum Corporation (NNPC) due to internal leadership crisis since last two years.
Ngoa said the Committee had taken steps to ensure that products were available all over the country.
He thanked Nigerians for the patience and understanding during difficult period and assured that with the support of the minister of petroleum resources and his team, the scarcity would soon be over.
He further called on stakeholders to shun unnecessary rancor and join hands with the Committee to restore peace and normalcy in petroleum distribution.

Fuel scarcity: FG releases petrol to independent marketers


Aside the N103.4 billion apparently spent on pipeline repairs and management in 2015, available data from the Nigerian National Petroleum Corporation (NNPC), shows that the Federal Government actually recorded crude oil and product losses of N57.71 billion to pipeline vandalism within the period in review.


The Minister of State for Petroleum, Ibe Kachikwu, on Tuesday assured that fuel scarcity across the country will come to an end by April 7, even as he  apologised to Nigerians for his comments last week that the current petrol scarcity will continue till May, and that only “magic” could bring a quicker end to the crisis.

A coalition of civil society groups, Civil Society Coalition for Positive Change and Stand Up for Nigeria (SUN) have issued a 72 hours ultimatum to the Minister of State for Petroleum and NNPC GMD, Dr Ibe Kachikwu to resign from office over the prolonged scarcity of fuel which it said has brought Nigerians severe hardship.

**Takes exception to minister’s ‘I’m not a magician’ comment

**Says respect, good performance will do what magic can’t do

National Leader of All Progressives Congress (APC), Asiwaju Bola Tinubu, yesterday ruled the Minister of State for Petroleum Resources, Mr. Ibe Kachikwu, out of order for saying he should not be expected to conjure magic in resolving the current fuel crisis in the country.

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