HomeABUJASylva Says FG Is Working To Restore Normal Fuel Supply

Sylva Says FG Is Working To Restore Normal Fuel Supply

Published on

-Advertisement-

Petroleum Resources Minister of State Timipre Sylva.

The Federal Government is focused on ensuring adequate and normal supply of Premium Motor Spirit (PMS) to eliminate the scarcity and queues at filling stations.

The Minister of State, Petroleum Resources, Chief Timipre Sylva, disclosed this on Friday while speaking with journalists shortly after inspecting some filling stations in Abuja, Nigeria’s Federal Capital Territory (FCT), including Conoil and TotalEnergies filling stations in Central Area.

“Mr President directed that we must ensure that the fuel supply situation is normalised quickly. And that is why I have to ensure that we sort out this problem.

“A lot of things have been done. All hands have been on deck, the NNPC Limited, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), and stakeholders in the supply chain have come together to ensure that the problem is resolved.

“This is not the time for us to apportion blames, as the most important thing is that the problem has been resolved and you can see now the queues are no longer there. At least in the FCT, we are going around to ensure they have disappeared,” he said.

On marketers, who are selling above approved price, especially in other states, Sylva said that this was a regulatory issue and within the purview of the NMDPRA to sanction those marketers.

According to him, the NMDPRA would tackle the issue.

On the conflicting ex-depot price, the Minister described it as commercial details under the purview of the NNPC Limited, saying he would ensure that all those conflicting problems were resolved.

President Muhammadu Buhari recently approved the constitution of a 14-member Steering Committee on Petroleum Products Supply and Distribution management to find lasting solution to the disruptions in distribution of petroleum products.

The Minister said that the committee, which was also part of the solution mechanism, would be inaugurated next week to ensure that the situation normalises totally.

“If you look at the fuel situation in Nigeria, it has a lot of ramifications. The importation of the petroleum product is a problem because a lot of people cannot access the foreign exchange.

“The fuel situation also has nothing to do with politics. Anything, including natural disasters like flood, can trigger the fuel distribution hindrance because they are natural factors we are not in control of.

“A lot of the problems that caused fuel scarcity and queues are not within our control. There are also all kinds of people who are ready to take advantage of situations and caused problems by seeking for opportunity to make money, hoard and smuggle the product.

“These require intervention of the security agencies and the recent engagement with them definitely helped,” he said.

Sylva expressed sadness about the situation, which, he noted, has subjected Nigerians to pain and frustration, adding that the President was also pained that the citizens were passing through the hardship.

In the bid to further ensure energy sufficiency, Sylva said that the refineries across the country were being rehabilitated and modular refineries being enabled while the government was doing everything to ensure scarcity did not reoccur again.

“We had to take 20 per cent stake in Dangote Refinery, these are all efforts by the government to ensure the problem is solved permanently,” he said.

The Manager, Conoil filling station, Mr. Francis Sule, had confirmed that the queues had reduced.

Sule added that one of the problem the station encountered was associated with Point of Sale (PoS) machine transactions.

A number of motorists had also confirmed that the queues had reduced and appealed to the government to sustain the effort and measures put in place.

The NNPC Limited had also engaged with the oil marketers and security agencies to find ways of addressing the lingering fuel crisis in the country.

-All Rights Reserved-
Permission to use any material, including text, still photograph, audio and video from this site is granted subject to permission being formally sought and, if granted, appropriate credit must duly be given to The News Room as the source.

Latest articles

Remmy Nweke has joined the NIRA BoT

Mr. Remmy Nweke, Lead Consulting Strategist and Group Executive Editor of ITREALMS Media Group,...

Ten faces behind Nigeria’s expanding fashion footprint

Despite a difficult business environment, Nigeria has generated designers and entrepreneurs who are helping to put the country on the map.

May Day: It is ‘wickedness’ for the government to owe workers and pensioners – PDP chieftain

Dotun Babayemi, a Peoples Democratic Party (PDP) chairman in Osun, has asked for increased benefit packages for workers in order to incentivize them to perform best.

UFC to host first African fight in Senegal, ignores Nigeria over lack of infrastructure

Due to a lack of infrastructure, the Ultimate Fighting Championship (UFC), an American mixed martial arts (MMA) promotion, has passed up Nigeria as the likely first African country to host a combat event, with Senegal emerging as the leader to hold what would be a historic event.

More like this

Remmy Nweke has joined the NIRA BoT

Mr. Remmy Nweke, Lead Consulting Strategist and Group Executive Editor of ITREALMS Media Group,...

Ten faces behind Nigeria’s expanding fashion footprint

Despite a difficult business environment, Nigeria has generated designers and entrepreneurs who are helping to put the country on the map.

May Day: It is ‘wickedness’ for the government to owe workers and pensioners – PDP chieftain

Dotun Babayemi, a Peoples Democratic Party (PDP) chairman in Osun, has asked for increased benefit packages for workers in order to incentivize them to perform best.