FUEL SCARCITY: Lifting Of Petrol Has Commenced

Stakeholders in petroleum sector, at a public hearing by the Joint Senate Committee on Petroleum Resources (Upstream and Downstream), on Monday resolved to mobilise their members for the immediate distribution of fuel across the country.

Senator Magnus Abe, who read a communique signed by the stakeholders after the session, explained that the Coordinating Minister for the Economy, Dr. Ngozi Okonjo-Iweala, and other stakeholders, who attended the meeting, unanimously agreed to the peace deal, in the interest of the nation.

He said, “We have agreed on the following: first is that the Minister of Finance will give an undertaking to the Major Marketers and Depot Managers that the work of the committee being headed by CBN and PPPR, on the outstanding claims, would be concluded and be reflected in the hand over notes to the incoming administration.”

The Senator said the Major Oil Marketers Association of Nigeria had agreed to begin lifting of petroleum products nationwide within the next six hours and to also pay the National Association of Road Transport Owners, the transport cost that would be determined by them.

He added that the Depot Managers had agreed to open all their depots nationwide so that lifting would commence and had agreed with the DPR to withdraw the operational licence of any depot which was not opened for fuel lifting.

Abe said the NNPC had directed all relevant staff, working in the various depots across the country, to work 24 hours, including Saturday and Sunday, for the next two weeks until normalcy returns to the sector.

He also explained that following the intervention of the Group Managing Director of the Nigerian National Petroleum Corporation, the strike embarked upon by several labour unions had been called off.

Keep calm Nigerians, fuel is coming to the filling station near you!

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