Minister of State for Petroleum Resources, Ibe Kachikwu, says the fuel crisis being experienced in the country will end by next week. Kachikwu said this while speaking to state house correspondents after the Federal Executive Council meeting today April 20th.
Simultaneously The Nigerian National Petroleum Commission (NNPC) said 1,194 trucks were loaded for nationwide distribution on Tuesday and were discharging nation wide
“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” he said